‘The Banking Crisis For Cannabis Has Been Over’ For Several Years, Experts Discuss What’s Next
At the recent Benzinga Cannabis Spotlight in New Jersey, experts like Pablo Zuanic, managing partner at Zuanic & Associates and Tyler Beuerlein from Safe Harbor Financial discussed the end of cannabis banking issues and the risks of overly ambitious regulations.
The panel also included the expert voices of Matt Karnes, founder of GreenWave Advisors and Kenneth Rose, fund co-manager at Abraxis Eagle Fund. Their insights are crucial for investors eyeing opportunities in a potentially rescheduled market.
Rescheduling And Investment Dynamics
The panel highlighted the resolution of major banking challenges in the cannabis industry, such as restricted access to traditional financial services due to federal legal status, which stifles investments and growth.
Beuerlein remarked on the recent stabilization and increased competitiveness in the banking …