Feds push banks to spy on legal marijuana dealers

posted by
March 21, 2011
by Clarence Walker  
Posted in Commentary, PND Commentary

"Federal regulators ignited a firestorm of controversy recently when they ordered banks located in the North Coast area of California to spy on transactions of customers who are suspected of making money in the marijuana business. In a bid to crack down on California's marijuana industry, regulators have ordered banks to look out for suspicious activity by those running such operations, but that is leaving legal -- under state, but not federal law -- medical marijuana businesses out in the cold." (03/20/11)



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