2024 Pub. 15 Issue 4

The Blunt Truths of Banking MRBs By Carol Ann Warren, JD, MBA, Assistant Vice President, Associate General Counsel, Compliance Alliance For the typical office worker, marijuana is not typically the most “HR-approved” subject of discussion. But in banking, marijuana and marijuana-related businesses (MRBs) are hot topics. There are conversations, debates and questions related to the definition of marijuana, what exactly an MRB is and, most importantly, whether banks can serve these types of businesses and what types of policies will need to be drafted to serve them. 8 West Virginia Banker

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