Berner Pulls Funds Out Of Wells Fargo After Claiming He Was Discriminated Against

Berner is taking his money elsewhere.

BYAron A.
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Taylor Gang's Berner claims he's being discriminated against by one of America's leading financial institutions due to his cannabis businesses. 

Berner took to Instagram over the weekend to air out Wells Fargo after banking with them for over 19 years. The rapper explained that he tried opening up a bank account with the company for his clothing store on Melrose but was ultimately denied for the third time. Berner seems to believe that Wells Fargo denied him due to his cannabis-related work. However, he said that none of his cannabis-related businesses go through Wells Fargo.

"I been banking with @wellsfargo for 19 years !!!! Never and I mean never have I done any marijuana related business here , I’ve banked my regular working checks as a kid , my music money , my clothing money and my merchandise money here . Today they denied me opening an account for my clothing store on melrose for the 3rd time and don’t have enough balls to tell me why , different excuse each time," he wrote.

In retaliation to the discrimination he faced from the bank, he said that he's taking out the "millions of dollars" he has with Wells Fargo. However, he addressed the issue at large which is the lack of financial services for cannabis-industry entrepreneurs. He said that all the money he makes off of cannabis is banked through weird credit unions.

"My businesses have millions of dollars here ! I’m taking it out !!! I’m so sick of being discriminated against ! I paid 2.8 million in taxes last year ! I bank all my marijuana money with weird credit unions ! California open your eyes ! You want all the taxes but can’t get us real banking , and the sad thing is this is for FUCKING CLOTHING!!!!!!!! Idiots ! Wells Fargo can SUCK ME."

Peep the post below. 

https://www.instagram.com/p/BvXUcUVlfC0


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About The Author
Aron A. is a features editor for HotNewHipHop. Beginning his tenure at HotNewHipHop in July 2017, he has comprehensively documented the biggest stories in the culture over the past few years. Throughout his time, Aron’s helped introduce a number of buzzing up-and-coming artists to our audience, identifying regional trends and highlighting hip-hop from across the globe. As a Canadian-based music journalist, he has also made a concerted effort to put spotlights on artists hailing from North of the border as part of Rise & Grind, the weekly interview series that he created and launched in 2021. Aron also broke a number of stories through his extensive interviews with beloved figures in the culture. These include industry vets (Quality Control co-founder Kevin "Coach K" Lee, Wayno Clark), definitive producers (DJ Paul, Hit-Boy, Zaytoven), cultural disruptors (Soulja Boy), lyrical heavyweights (Pusha T, Styles P, Danny Brown), cultural pioneers (Dapper Dan, Big Daddy Kane), and the next generation of stars (Lil Durk, Latto, Fivio Foreign, Denzel Curry). Aron also penned cover stories with the likes of Rick Ross, Central Cee, Moneybagg Yo, Vince Staples, and Bobby Shmurda.