Weed Banks: Where Legal Pot Dealers Open Accounts

Founded in 1946 and headquartered in Annapolis, Maryland, Severn Bancorp, Inc. (SVBI) charges marijuana-related businesses (MRBs) a fee of $3,000 to open an account and a reoccurring monthly fee of $1,750 according to Sajal Roy, owner of Allegheny County Medical Marijuana Dispensary. >>>

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