Credit Unions and the Underserved: Cannabis Businesses
Though the cannabis industry is skyrocketing, raking in billions each year, many cannabis businesses are still left without proper access to financial services. CUSO Magazine’s Emily Claus sat down with Stacy Litke of Green Check Verified, to learn how credit unions can help support these businesses and what benefits await those who do.
Despite Earlier Success, Marijuana Banking May Be a Ways Off
With Congress recessed, any expectations for protections to financial institutions serving cannabis businesses will have to wait until 2024, and most lobbyists and Congressional staff suggest even that is unlikely.