Reply To: Payment Processors and online CBD sales

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#100001277
Carlo Suits
Moderator

Reviving this thread, U.S. Bank has now begun closing out hemp farmers and sellers.

Link

Federal banks are now required to file a suspicious activity report if a customer is believed to be involved with cannabis or marijuana. I wonder how many people at U.S. bank use CBD products? Highly inconvenient for many hemp business to not have a stable banking option especially with harvest drawing near.

Do any businesses here use U.S. Bank, if not what do you use? Have you had any issues?

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