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This Article is From Nov 03, 2021

JPMorgan Will No Longer Let Prime Brokers Buy U.S. Cannabis Stocks

JPMorgan will no longer allow prime brokerage clients to buy U.S. cannabis-related stocks from Nov. 8, Reuters reports citing the firm's letter to clients.

  • Company cites the U.S. anti-money laundering compliance framework as reason for new cannabis stocks policy in the letter

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