“Although banking access has improved in some respects, marijuana’s schedule I status has made many financial institutions, insurers, payment processors, lenders, secure-cash transporters, investors, and commercial vendors unwilling to work with state-licensed marijuana companies, including Intervenors, or willing to do so only at substantially increased cost,” the motion says. “Schedule I status also limits access to national vendors that provide laboratory equipment, pharmaceutical manufacturing systems, software, logistics services, financing, and other business-critical goods and services.”
That’s from a court filing by the best attorney on federal issues in the country, Shane Pennington, representing MedPharm Iowa in a court intervention. Weedpress promised months ago, anybody files a case anywhere, expect Iowa advocates to intervene. Promises made, promises kept. See the details of this intervention here:
South Dakota had under Schedule I carved out a limited practice of local credit unions and banks being allowed to offer some banking services, but as those companies admit on their South Dakota cannabis banking pages this is a “high risk” situation no mainstream banking service like Wells Fargo would touch due to federal issues. Schedule 3 may alleviate patient costs at dispensaries in South Dakota by loosening complicate costs of banking services. Anyone who doesn’t want to talk about that is out of their league.
Nursing home patients are also being hurt by South Dakota medical cannabis language that can now be fixed now that federal law permits state cardholders to be legal at both state and federal levels. Let’s talk about it these next few years. I’ll keep bringing it up, until the law is fixed, and grandmothers in nursing homes aren’t being actively evicted for using medicine promised to everyone else.
WeedPress: The Paper Trail 
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