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NJ Lawmakers Propose Access to Financial Services for CBD Companies

by Nicholas Saraceno | February 13, 2020

Companies producing and selling hemp-derived CBD products would have access to essential banking services under new legislation introduced yesterday in the New Jersey State Senate. The legislation, introduced by State Sen. Robert W. Singer (R-NJ-30), would clarify that banks and credit unions will not be penalized by state regulators for working with legitimate hemp businesses. The ...

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