Number Of Banks Working With Marijuana Industry Continues To Drop Amid COVID, Federal Report Shows

Marijuana Moment
By Kyle JaegerNov 23, 2020, 10:58 am186 pts
For the third fiscal quarter in a row, the number of financial institutions reporting that they service state-legal marijuana businesses has declined, new federal data shows. As of September 30, there were 677 banks and credit unions that filed reports saying they were working with cannabis clients. That’s…

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