Shame......

itsmehigh

itsmehigh

Well-Known Member
So just got a phone call from TD Canada Trust Bank, they are closing my accounts because I'm in the cannabis industry. Even though I'm not growing cannabis or selling it. I'm simply advising legal patients on how to be self sufficient. My company is listed as a construction consulting company, specializing in cannabis. Even though I'm a federally licenced designated grower, and contracted by federally regulated Licenced Producers, and pay taxes to the CRA, TD has discriminated against me and my clients, over a plant. The hypocricy is blinding, their branch manager has stocks in the MMPR which were purchased through TD Waterhouse. I'm also willing to bet that out of the 30+ LP's, some must use TD bank. So what gives? They sell cannabis stocks but deem my company helping patients undesirable business, and not federally approved. Believe me the regional manager is going to get an earful if they ever call me back. Fucking bankers, piss me off. Rant over.

Itsme.
 
The Hippy

The Hippy

Well-Known Member
itsmehigh said:
So just got a phone call from TD Canada Trust Bank, they are closing my accounts because I'm in the cannabis industry. Even though I'm not growing cannabis or selling it. I'm simply advising legal patients on how to be self sufficient. My company is listed as a construction consulting company, specializing in cannabis. Even though I'm a federally licenced designated grower, and contracted by federally regulated Licenced Producers, and pay taxes to the CRA, TD has discriminated against me and my clients, over a plant. The hypocricy is blinding, their branch manager has stocks in the MMPR which were purchased through TD Waterhouse. I'm also willing to bet that out of the 30+ LP's, some must use TD bank. So what gives? They sell cannabis stocks but deem my company helping patients undesirable business, and not federally approved. Believe me the regional manager is going to get an earful if they ever call me back. Fucking bankers, piss me off. Rant over.

Itsme.
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Sorry to hear that you have been screwed over. But I can't help but feel that as I've been saying, getting volved in the LP industry in any way.....you will get fucked. Now maybe you will say that this has nothing to do with LP's or that system. But I disagree already. IMO the Lp's are lobbying EVERYTHING and everyone to be against you and our kind.
IMO I toadaso
But Seriously I'm am sorry you have been screwed by the other side. I hope you can get things figured out. I'm on the side of small independent grower like you. LP's can rot in fuckin hell.
Stay outta their company. BOYCOTT all involvement with LP's
BOYCOTT
 
R.Raider

R.Raider

Well-Known Member
itsmehigh said:
So just got a phone call from TD Canada Trust Bank, they are closing my accounts because I'm in the cannabis industry. Even though I'm not growing cannabis or selling it. I'm simply advising legal patients on how to be self sufficient. My company is listed as a construction consulting company, specializing in cannabis. Even though I'm a federally licenced designated grower, and contracted by federally regulated Licenced Producers, and pay taxes to the CRA, TD has discriminated against me and my clients, over a plant. The hypocricy is blinding, their branch manager has stocks in the MMPR which were purchased through TD Waterhouse. I'm also willing to bet that out of the 30+ LP's, some must use TD bank. So what gives? They sell cannabis stocks but deem my company helping patients undesirable business, and not federally approved. Believe me the regional manager is going to get an earful if they ever call me back. Fucking bankers, piss me off. Rant over.

Itsme.
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Sounds like a potential lawsuit brother, maybe it's time to talk to a lawyer about this situation.
 
bigmanc

bigmanc

Well-Known Member
There's a bank downtown Vancouver that deals with the clubs. I don't see you being anymore of a risk.

Use square. It has all the back end accounting and spread sheets. I think it's 2% a transaction and you can accept credit cards. Withdraw your earnings to your bank account, pay taxes.
 
VIANARCHRIS

VIANARCHRIS

Well-Known Member
I'm sure there is some law protecting the bank, must like " we have the right to refuse service", but closing an existing account for a legal business simply because they don't like the plant is wrong. I read an article about banks saying they were going to do this, but I figured they'd go after dispensaries which are not legal. I'm sure the do business with the LP's....
 
TheRealDman

TheRealDman

Well-Known Member
TD sux ass in general, but all the big banks are even dropping Lousy Producers. I think it was RBC that dropped Tweedle earlier this year. They're clearly waiting for the Libs on legalization.
 
C

CannaReview

Well-Known Member
itsmehigh said:
So just got a phone call from TD Canada Trust Bank, they are closing my accounts because I'm in the cannabis industry. Even though I'm not growing cannabis or selling it. I'm simply advising legal patients on how to be self sufficient. My company is listed as a construction consulting company, specializing in cannabis. Even though I'm a federally licenced designated grower, and contracted by federally regulated Licenced Producers, and pay taxes to the CRA, TD has discriminated against me and my clients, over a plant. The hypocricy is blinding, their branch manager has stocks in the MMPR which were purchased through TD Waterhouse. I'm also willing to bet that out of the 30+ LP's, some must use TD bank. So what gives? They sell cannabis stocks but deem my company helping patients undesirable business, and not federally approved. Believe me the regional manager is going to get an earful if they ever call me back. Fucking bankers, piss me off. Rant over.

Itsme.
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10+ year old news, its happened lots of times in the hydro industry.
 
doingdishes

doingdishes

Well-Known Member
itsmehigh said:
So just got a phone call from TD Canada Trust Bank, they are closing my accounts because I'm in the cannabis industry. Even though I'm not growing cannabis or selling it. I'm simply advising legal patients on how to be self sufficient. My company is listed as a construction consulting company, specializing in cannabis. Even though I'm a federally licenced designated grower, and contracted by federally regulated Licenced Producers, and pay taxes to the CRA, TD has discriminated against me and my clients, over a plant. The hypocricy is blinding, their branch manager has stocks in the MMPR which were purchased through TD Waterhouse. I'm also willing to bet that out of the 30+ LP's, some must use TD bank. So what gives? They sell cannabis stocks but deem my company helping patients undesirable business, and not federally approved. Believe me the regional manager is going to get an earful if they ever call me back. Fucking bankers, piss me off. Rant over.

Itsme.
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go to Vancity. they are more cannabis friendly...I think you're on the mainland but if not, oops. try a Credit Union
the BC Comapssion Clubs has talked about using them for many years and that's who they go through.
unfortunately the major banks have said they want no part of cannabis anything and that is so wrong.
 
GroErr

GroErr

Well-Known Member
Sorry to hear about your issues, TD sucks I've moved almost everything but my chequing account away from them, only because they have so many terminals/branches so it's convenient. bastards just haven't figured out how to cash in on this yet and being banks they always go with the least risk route for their self-serving needs.
 
doingdishes

doingdishes

Well-Known Member
bcbreeder said:
boycott TD folks
they are the most vigorous litigious assholes if you ever dare to fuck up credit you hold with them
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have you ever dealt with Scotia? i have seen some really rotten moves from them. i won't go to them for an account if i can help it
 
T

TheDizzyBizzy

Well-Known Member
Banks? You fools use banks? Everyone knows banks are run by the internationalists. You gotta keep you rmony in a safe buried underground, dummies or you might as well just burn your cash.

Teach a man to fish...
 
doingdishes

doingdishes

Well-Known Member
TheDizzyBizzy said:
Banks? You fools use banks? Everyone knows banks are run by the internationalists. You gotta keep you rmony in a safe buried underground, dummies or you might as well just burn your cash.

Teach a man to fish...
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you really have a conspiracy theory for everything don't you? geez....and we all are so stupid and you are so smart.
why don't you run for some kind of office. you have solutions for everything.
it's getting really old
 
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