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Patchwork U.S. marijuana laws sow confusion

Thursday, July 16, 2015 @ 8:00 PM | By Jeff Buckstein

Legalizing marijuana in some U.S. jurisdictions may have provided clarity and peace of mind for medical or recreational users of the drug in those states. But for businesses that grow and transport pot and the lawyers and accountants who assist them, there is often uncertainty and confusion given federal laws.

Rob Rowe, vice-president and associate chief counsel for the American Bankers Association (ABA) in Washington, D.C., said. “Banks are increasingly asked to provide services in those states where [marijuana] is legal. But until the federal law...