canna law blog

Big Bank Says “Yes” To Cannabis Money. Sort Of.

Bank of America (BOA) recently stated that it has no issue with accepting I-502 money from the State of Washington. BOA seems confident that it won’t be violating any federal banking laws by handling the State’s pot dollars. Washington State Treasurer, Jim McIntire, said that he is “not too worried about it [the Federal Government],” and that “[i]t’s