A federal judge said Monday he sympathizes with pot businesses faced with contradictory regulations, but he expressed misgivings about forcing federal officials to approve a marijuana credit union. U.S. District Judge R. Brooke Jackson made it clear at a court hearing that he was not inclined to issue an injunction forcing the Federal Reserve Bank […]
Colorado Cannabis Banking
Next Month, Fourth Corner Credit Union Will Get Its Day in Court
By Mark Goldfogel On Dec. 28, 2015, The Fourth Corner Credit Union will have its day in court. As a defense to the lawsuit, the Federal Reserve Bank of Kansas City argues this case is about the federal illegality of cannabis, but it is not. The lawsuit involves the legal issue of whether all federal and […]