I realize banking CBD customers has been discussed at nauseam, but I wanted to get a few ideas while I work on our CBD Policies. As a bank, we have decided to allow CBD customers to bank with us (assuming they Hemp derived CBD products with less than .3% THC). As everyone knows that has studies CBD, per the FDA, it is currently illegal to market CBD products by adding it to a food (e.g. CBD gummies). We have a question in our draft CBD Questionnaire that states, "Do you market Hemp or CBD products by adding it to a food or labeling it as a dietary supplement?" This is a simple question, but how are banks handling CBD customers that respond "YES" to this question? I'm leaning toward that we turn these customers away and decline to open the account, but I wanted to get others opinion.
In summary, for banks that allow CBD customers, do you allow customers to open accounts that add CBD to food or market it as a dietary supplement?