Navigating the Green: The Complex Challenges of Banking in the Cannabis Industry

Publisher: Paylient HR

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Navigating the Green: The Complex Challenges of Banking in the Cannabis Industry

Banking in the cannabis industry presents unique challenges due to the legal disconnect between federal and state laws. This blog breaks down the difficulties cannabis businesses face, including limited access to banking services, cash management risks, and regulatory hurdles. It also highlights emerging solutions and the future prospects for financial integration in the industry.