Owner of Higher Limits in Windsor Says Banks’ Cannabis Decision “Insulting”

Article by Dalson Chen, Windsor Star

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Canada’s federal government may have promised that marijuana legalization is on the horizon, but you wouldn’t know it from the way banks treat cannabis-related businesses, says downtown Windsor’sHigher Limits.

“It’s insulting. It’s disheartening,” said Jon Liedtke, co-owner of the city’s first and largest medical marijuana lounge, located at 251 Ouellette Ave.

“It’s really unfortunate that there are banking institutions in Canada that don’t want to do business with an industry that is fully legal, coast to coast, and growing … Talk about falling behind the mark instead of trying to be ahead of the game.”

In August, the owners of Hemp Country — a legal marijuana paraphernalia store in Woodstock — were surprised by Scotiabank abruptly cancelling their account after 10 years of doing business together.

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