Originally Posted by
TBS
US Bank fired our company as a customer because some of our customers are cannabis growers. We don't grow cannabis, don't manufacture concentrates or sell cannabis or related products - we don't touch the bud. We just sell lights and electrical distribution equipment, with vendors like Samsung and Emerson Electric.
Gave us eight fucking days to set up new banking. We do several million in annual sales and run an international supply chain. You finance dentists can understand what this changeover entails, especially now that we've been "branded". I think I have a solution, and got new banking in place yesterday, but I have no way of knowing if my solution will work.
This has been spooling up ever since Sessions rescinded the Cole Memo guidance.
Of course, if you are an electric utility with generating capacity you can give growers half the money to buy our incredibly energy efficient equipment, keep your FDIC banking and be heralded as an environmental hero.