The Marijuana Sector May Soon Get Access to Banks

A bill by the US House of Reps has got marijuana business optimistic about the future. As legalization spreads from state to state, a cohort of lawmakers think it’s wise if we allowed legitimate cannabis business access to banking and financial institutions. And if the bill passes Senate, we may never see marijuana retailers and their customers carry around cash in thousands of dollars just because a bank is legally unable to initiate such transactions.  As we speak, merchants in the sector are forced to take customer payments, clear payroll,…

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