It looks like the coast is now clear for banks to start doing business with people and companies in the hemp and CBD business. After a period of immense ambiguity and uncertainty federal regulators have given the go-ahead for financial institutions to work with growers and sellers of hemp-based products.
It’s another big step in the legitimization of the business. Read more in this New York Times news story: https://www.nytimes.com/2019/12/03/business/hemp-producers-banks.html?searchResultPosition=1
