While everyone is pimping the bank regulations, they tend to overlook.....
Banks said NO to MJ money, even with the new regulations. The director of the banking association released a statement saying the new regulations were not enough. As long as MJ is federally illegal, they will not touch MJ money.
The banks will force the government to reschedule it to schedule 3 where they banks can safely take MJ money without any fear of reprisals.
The only reason the government was willing to release regulations for the banks is so they can more easily assess and obtain their percentages. If the banks still say no (which they have) the government has no choice but to reschedule it low enough that the banks will take the money.
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