Archive: Operation Choke Point

The Rise of Financial Censorship

By Adam Sharp on February 11, 2022

A good friend of mine recently bought a house in Florida.  To secure the best rate, he pledged his stock portfolio as collateral. But he encountered a problem when he went to get a loan from his bank, Wells Fargo. He owns marijuana stocks. Publicly traded companies that grow cannabis in the U.S. Apparently this sets off alarm bells at Wells Fargo. His mortgage representative told him that his brokerage account is…