Bank of America Shuts Down Cannabis Researchers Bank Account, Texas Delta 8 Law Explained

Bank of America canceled the account of marijuana and psychedelics researcher Sue Sisley’s Scottsdale Research Institute—even though they have Drug Enforcement Administration approval for their studies. Bank of America is quoted in saying: “This decision is final and won’t be reconsidered.” A U.S. Department of Agriculture survey of more than 20,000 hemp producers across the country is officially in the mail as of this week—and state agriculture departments are working to make sure that farmers in their jurisdictions participate.