We do not sell hemp products, yet we are having issues also. Azlo is our current bank, however they are closing on March 31, 2021, and I have yet to have find a bank that will support SAHAE. I have set up accounts at 9 banks so far, and the only ones accepting Southern Atlantic Hemp, Inc., an NC Nonprofit want a $500 application fee and $250 per month for service fees.
It’s completely legal, but still the hemp industry has trouble finding banks — here’s why
by Victor Smith | Mar 17, 2021 | Uncategorized | 0 comments