Virtually every business needs access to banking services, including a bank account to put money in, checks and debit cards, and other services that banks offer.
Unfortunately, members of the cannabis industry are often locked out of receiving banking services because of cannabis’ legal status in many countries.
Nowhere is that on greater display than in the United States where state-legal cannabis companies are either prevented from gaining access to banking services in the first place or have their accounts shut down not long after they are opened.