Jan 9: NEED HEADLINE.<<Uh, whoops. How about this: Banking on pot. NYS to reg STRs. Disc golf draws a crowd in Glens Falls. Golub's historic, and not-so, election.
Executive Summary: A regional run-down of today's top business news.nee
ABJ: Banking on cannabis
The Capital Region’s Sunmark Credit Union is looking to solve the problem of cannabis financing. Since most banks lend money and conduct business across state lines, but cannabis is not legal federally, any bank that works with cannabis companies is exposed to legal trouble with the federal government. Sunmark and Hudson Valley Credit Union have converted from a federal-charted institutions to a state-charted credit unions in order to avoid the interstate exposure, a story in the Albany Business Journal says.
[New York State to consider short-term rental regs this year, but you have to subscribe to see the story, below…👇]
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