Wall Street Waves Goodbye To Weed Testing: How Financial Giants Reshape Job Eligibility In The Cannabis Era
In a significant pivot from long-standing practices, major Wall Street banks are abandoning marijuana and other substance tests for job applicants.
This move signals the growing acceptance of cannabis in the professional world and reflects broader legal and societal shifts.
Here’s how major financial institutions are adjusting their policies, according to Business Insider:
Banks’ Approach To Drug Testing:
Bank of America Corp (NYSE:BAC): Does not test new hires or current employees for drug use.
Citigroup Inc (NYSE:C): No drug testing required for employment, reviewing engagement with the cannabis industry.
The Goldman Sachs Group Inc (NYSE:GS): Excludes marijuana from drug tests for new hires, a recent policy change.
JPMorgan Chase & Co (NYSE:JPM): Declined to comment on policies but had tested supplier employees in the past.
Morgan Stanley …