Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Eugene

(62,767 posts)
Fri Aug 25, 2017, 11:21 PM Aug 2017

Pot Was Flying Off the Shelves in Uruguay. Then U.S. Banks Weighed In.

Source: New York Times

Pot Was Flying Off the Shelves in Uruguay. Then U.S. Banks Weighed In.

By ERNESTO LONDOÑO AUG. 25, 2017

The pharmacies selling pot were doing a brisk business.

After Uruguay became the first country in the world to fully legalize marijuana sales for recreational use last month, some of the pharmacies struggled to keep up with the demand.

Then came the stern letters from American banks.

The letters immediately sent officials in Uruguay scrambling to make sense of the Patriot Act and other American laws that could doom an essential part of their country’s new marijuana market.

American banks, including Bank of America, said that they would stop doing business with banks in Uruguay that provide services for those state-controlled sales.

-snip-


Read more: https://www.nytimes.com/2017/08/25/world/americas/uruguay-marijuana-us-banks.html
2 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Pot Was Flying Off the Shelves in Uruguay. Then U.S. Banks Weighed In. (Original Post) Eugene Aug 2017 OP
great opportunity for local banks to work together against the evil yankees nt msongs Aug 2017 #1
These same wall street big bank assholes shadowmayor Aug 2017 #2

shadowmayor

(1,325 posts)
2. These same wall street big bank assholes
Sat Aug 26, 2017, 03:10 AM
Aug 2017

Have no problem laundering drug cartel money. Fuck wall street, fuck all the big banks. Find a nice local credit union if you can. We should all divest ourselves from these modern day slave masters.

Latest Discussions»Issue Forums»Drug Policy»Pot Was Flying Off the Sh...