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#2128808 - 05/02/17 05:35 PM Leasing Space to a Marijuana Business
liltdol Offline
New Poster
Joined: Sep 2015
Posts: 1
We have a potential customer who would like to get a loan with us for his strip mall. He has informed us that one of his potential tenants would be a marijuana dispensary. If we go forward with this loan, what are some of the BSA and/or lending issues?

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#2128816 - 05/02/17 05:48 PM Re: Leasing Space to a Marijuana Business liltdol
Cape Codder Offline
Gold Star
Joined: Jul 2011
Posts: 413
Marijuana entity violates one/more of the Cole memoranda stipulations, law enforcement seizes property and your bank is left with an unsecured loan, just for starters.
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