420 with CNW — Financial Regulator Says Enacting Federal Cannabis Banking Laws Is Urgent
Cannabis is one of the most interesting industries in the country. Seen as one of the nation’s fastest-growing sectors, the cannabis space has been extremely lucrative, generating billions of dollars in sales revenue and creating hundreds of thousands of new job opportunities in just a few short years. However, beneath this veneer of success is a young industry that is buckling under a ton of issues, including the lack of access to financial and credit services. Despite being allowed in more than two dozen states for medical and recreational use, cannabis is still illegal at the federal level, a situation…

















