{"id":203,"date":"2018-01-19T17:18:25","date_gmt":"2018-01-19T21:18:25","guid":{"rendered":"http:\/\/blogs.duanemorris.com\/bankinglaw\/?p=203"},"modified":"2018-01-19T17:18:25","modified_gmt":"2018-01-19T21:18:25","slug":"considerations-for-banks-given-new-guidance-on-cannabis","status":"publish","type":"post","link":"https:\/\/blogs.duanemorris.com\/bankinglaw\/2018\/01\/19\/considerations-for-banks-given-new-guidance-on-cannabis\/","title":{"rendered":"Considerations for Banks Given New Guidance on Cannabis"},"content":{"rendered":"<p>In a January 4, 2018, memorandum regarding marijuana enforcement, U.S. Attorney General Jefferson B. Sessions rescinded, effective immediately, the previous guidance issued by the Department of Justice on marijuana, including the memorandum often referred to as the Cole Memo. To the extent a bank\u2019s compliance program relating to marijuana-related businesses (MRBs) relied on the guidance in the Cole Memo, the bank should immediately re-evaluate what changes in that program, if any, may be appropriate.<\/p>\n<p>To read the full text of this <em>Alert<\/em>, please visit the <a href=\"https:\/\/www.duanemorris.com\/alerts\/consideration_banks_given_new_guidance_cannabis_0118.html\" target=\"_blank\" rel=\"noopener\">Duane Morris website<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a January 4, 2018, memorandum regarding marijuana enforcement, U.S. Attorney General Jefferson B. Sessions rescinded, effective immediately, the previous guidance issued by the Department of Justice on marijuana, including the memorandum often referred to as the Cole Memo. To the extent a bank\u2019s compliance program relating to marijuana-related businesses (MRBs) relied on the guidance &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/blogs.duanemorris.com\/bankinglaw\/2018\/01\/19\/considerations-for-banks-given-new-guidance-on-cannabis\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Considerations for Banks Given New Guidance on Cannabis&#8221;<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[35,170,174,171,172,173],"ppma_author":[333],"class_list":["post-203","post","type-post","status-publish","format-standard","hentry","category-general","tag-banks","tag-cannabis","tag-cole-memo","tag-marijuana-enforcement","tag-marijuana-related-businesses","tag-mrbs"],"authors":[{"term_id":333,"user_id":6,"is_guest":0,"slug":"duanemorris3","display_name":"Duane Morris","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/843ff6e7a8fe5fc92109b47a45f34b6cf0ea499e6e788db23456c838b0ae6747?s=96&d=blank&r=g","0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":"","8":""}],"_links":{"self":[{"href":"https:\/\/blogs.duanemorris.com\/bankinglaw\/wp-json\/wp\/v2\/posts\/203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.duanemorris.com\/bankinglaw\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.duanemorris.com\/bankinglaw\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/bankinglaw\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/bankinglaw\/wp-json\/wp\/v2\/comments?post=203"}],"version-history":[{"count":0,"href":"https:\/\/blogs.duanemorris.com\/bankinglaw\/wp-json\/wp\/v2\/posts\/203\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.duanemorris.com\/bankinglaw\/wp-json\/wp\/v2\/media?parent=203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/bankinglaw\/wp-json\/wp\/v2\/categories?post=203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/bankinglaw\/wp-json\/wp\/v2\/tags?post=203"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/bankinglaw\/wp-json\/wp\/v2\/ppma_author?post=203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}