Growlink Smart Farm Blog

Will Cannabis Businesses Get Access To Banking?

Broad public support of the cannabis industry hasn't changed their marginalized existence. Outrageous, non-refundable license fees, risky banking options, and oppressive taxes. They make it challenging for cannabis businesses to flourish. Legislatures Merkley and Perlmutter announced the 2017 bi-partisan SAFE Banking Act, the industry had hope. Unfortunately, it's made little progress in the last five years. So let's unpack this politically charged issue and look at the current bill. 

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