Cannabis media group Green Flower Media announced over the weekend that Chase pulled their account after after only four days of activity, and it was subject matter relating to cannabis that prompted the move.
According to Green Flower Media’s CEO and founder Max Simon, the company had been operating in full compliance with Chase’s rules and was upfront about the company’s subject matter during the application process. It took only four days of activity for the banking giant to change its mind.
Read Graham Abbott’s “Chase Bank Shuts Down Company’s Account for Talking About Cannabis”: http://www.ganjapreneur.com/chase-shuts-down-companys-bank-account-for-talking-about-cannabis/
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