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U.S. Bank closes accounts of local hemp business, complicating new local industry

A hemp field east of Vale. (The Enterprise/file)

VALE – As Vale native Jim Hutchens geared up for the hemp harvest, the financial institution he banked with for more than 40 years threw him a curve ball.

Hutchens learned “out of left field” last week that U.S. Bank was going to close all of his accounts.

“I have six accounts with U.S . . .

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