Legalized marijuana and the real estate finance dilemma

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Washington, DC, August 19, 2013 | comments

This article was published on 8/19/13.

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Aware of the ever-increasing problem of denying banking services to a growing industry within the state, U.S. Rep. Ed Perlmutter and others introduced the Marijuana Businesses Access to Banking Act of 2013 in the U.S. Congress to resolve the conflict between the state and federal laws, at least as it relates to the banking industry.

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