To: IBANYS Member Banks
From: Steve Rice, On Behalf Of John Witkowski, IBANYS President & CEO
Updated Information On Medical Marijuana & Industrial Hemp Facilities
In New York State -- And, Role Of Community Banks
The New York State Department of Financial Services has issued a guidance in response to inquiries received from financial institutions regarding provision of financial services to medical marijuana related businesses licensed by New York State, and those participating as research partners in the New York State Industrial Hemp Research Pilot Program.
IBANYS has also received inquiries, and we are pleased to provide to our member bthe attached information regarding the DFS guidance, as well as a information on dispensaries already up and operating and those reportedly coming soon.
If you are interested, or have any questions, please contact John Witkowski:
cell: (716) 880-0518 (cell)
office: (518) 436-4646
Thanks for ytour interest and support.