During 2020, the cannabis industry continued to grow and experienced promising milestones:
Marijuana is now legal to some extent in a majority of states, Americans overwhelmingly support reform of federal cannabis policy, and banks and credit unions are starting to engage with the industry.
Offering financial services to these companies poses regulatory challenges, so whether you’re currently banking cannabis or are canna-curious, you need to stay current with what’s happening at the state and federal level.
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Paul Dunford