With millions of marijuana dollars already flowing through US and Canadian stock exchanges, new funds and investors entering the space, and the excitement around the increased legalization of recreational marijuana, we’re seeing a strong appetite among global investors to invest in the US cannabis market.
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Colorado Credit Union Goes National to Solve Cannabis Banking Problem
Due to the federal government’s stance on cannabis (schedule I drug), most cannabis business owners operate without access to traditional banking services. A Colorado-based credit union may have the solution. They have created software that allows for secure cannabis banking and are creating a network of financial institutions that are looking to cash in on cannabis banking.
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