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Are marijuana-related businesses going interstate?

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Question: 
How much due diligence is required to effectively manage the risk of banking MRBs?
Answer: 

It depends on your risk assessment of the relationship. You must look at the federal, state, county and city requirements/ ordinances as part of the initial and ongoing risk assessment. Your risk assessment affects the level of due diligence appropriate for each client.
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Learn more about Victor Cardona’s webinar The HIGHs of Banking Marijuana Related Businesses

First published on 08/07/2016

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