Marijuana Banking in New York and Around the U.S.: 'Swim at Your Own Risk'

Drug Enforcement and Policy Center, No. 2, April 2019

Ohio State Public Law Working Paper No. 479

10 Pages Posted: 23 Apr 2019

See all articles by Jordan Hoffman

Jordan Hoffman

Ohio State University (OSU), Michael E. Moritz College of Law, Students

Date Written: April 15, 2019

Abstract

Today, banking in any way relating to marijuana is a violation of federal law. Conflicting laws and guidance from the federal and state governments threatens the welfare and success of a billion-dollar industry. Analyzing the current marijuana banking laws, regulations, and practices in New York and around the US provides a glimpse into an industry suffocating from public pressures and overpowering economic tides. To protect and uphold the integrity of our government and the agencies it deems controlling, the federal government must reform marijuana banking.

Keywords: Marijuana, Banking, Economy, Regulation, Law

Suggested Citation

Hoffman, Jordan, Marijuana Banking in New York and Around the U.S.: 'Swim at Your Own Risk' (April 15, 2019). Drug Enforcement and Policy Center, No. 2, April 2019; Ohio State Public Law Working Paper No. 479. Available at SSRN: https://ssrn.com/abstract=3372336 or http://dx.doi.org/10.2139/ssrn.3372336

Jordan Hoffman (Contact Author)

Ohio State University (OSU), Michael E. Moritz College of Law, Students ( email )

55 West 12th Avenue
Columbus, OH 43210
United States

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