Cannabis firms are cut off from the US financial system, but relief is in sight

A worker organizes cannabis flowers at the first legal recreational marijuana dispensary in New York City. Imagine that you run a perfectly legal business but are unable to open a simple checking account at a national bank. Believe it or not, that’s the case right now for anyone licensed to sell cannabis in the US. Given the size of the cannabis industry, it’s pretty shocking. But it may be about to change.

Tainted drugs and illegal shops: what’s going on with New York’s weed industry?

Read moreIn the US, 38 states have legalized marijuana for medical use and 23 of them […]

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By Donato