Are Banks Ready To Serve The Cannabis Industry? What One Expert Says About The Future
As the cannabis industry stands on the brink of potential federal rescheduling, the implications for banking access and financial operations are becoming a central focus. During an exclusive interview with Benzinga, Kevin Hart, founder and CEO of Green Check Verified, shared his thoughts on how these changes could reshape the industry.
Banking Access For Cannabis Businesses
Hart, who will speak at the upcoming Benzinga Cannabis Capital Conference, addressed the current state of banking access for cannabis companies. He noted that while challenges persist, solutions are available for those seeking them.
“There isn’t a cannabis business right now that can’t get a traditional banking account if they…aren’t looking hard enough,” Hart remarked, highlighting the opportunities that exist despite ongoing federal restrictions.
The Impact Of The Safer Banking Act
Hart also delved into the implications of …