Treasury Report Says Over 800 Banking Institutions Report Relationships With State-Licensed Cannabis Businesses

Source: NORML Washington, DC: Over 830 financial institutions have filed paperwork with the US government acknowledging their relationships with licensed cannabis businesses, according to quarterly data from the US Treasury Department. That figure is a slight uptick over last year’s totals and is nearly twice the number of banks and credit unions that reported partnering with the cannabis industry in 2018. However, […]