Citigroup is beating up on California marijuana dispensary Citidank for a name that is suspiciously similar to that of the banking giant’s subsidiary Citibank.
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The banking giant has requested that the dispensary quit using its name and logo, as the New York Post first reported. While Citi’s logo has a red umbrella above the “iti” in its name, Citidank substitutes a marijuana leaf.
Citigroup reached out to the dispensary after the Post asked the bank if it and Citidank were related.
“Unless you are as high as a kite, you know that Citi isn’t affiliated with this business in any way and we have requested that they stop using Citi's name and logo," Danielle Romero-Apsilos, a spokeswoman for Citigroup, said in a statement emailed to the Post and FOX Business.
The dispensary, which just opened last month, said in an ad in Coachella Valley Weekly that it caters to “all your danking needs,” including early-bird specials, happy hours from 6 p.m. to 9 p.m. and a “special gift” for the first 50 customers, the Post reported.
For the uninitiated, “dank” refers to an especially potent form of marijuana.
Citidank declined to comment when reached by FOX Business.