We have a customer that owns Commercial Real Estate (the bank has a lien on this property) in Oklahoma and wants to lease the space to a Whole Sale Distributor that would store (Raw Cannabis) and sell Medical MMJ to dispensaries.

We currently do not have policies and procedures for this type of customer, but would like to consider banking them.

If this is something you do, bank only in Texas but have a commercial customer like the one above, will you share feedback?

What has worked?
Have you been examined?
Do you complete site visits?

I think I would be sitting down and talking to your lead examiner from the TDB and get their thoughts. Medical marijuana is still illegal in Texas. Just because it may be legal elsewhere, I am not sure where that places a Texas Bank in that picture if they are knowingly getting involved.