The world of legal cannabis banking is complex and difficult to navigate without the right network.

If you are just starting out in the legal cannabis industry, you may be surprised to learn that obtaining basic banking services can be an immense challenge. Whether other cannabis professionals advised you that banking is hard to find or your bank turned you away when you tried to open an account, it’s not surprising if you concluded early on that you have no banking options.

The truth is: There is no banking problem – or at least not one as pervasive as it once was. That doesn’t mean that every bank is willing to work with the cannabis industry – far from it, in fact – and it doesn’t mean that cannabis banking will be as simple as filling out an application. Here’s what you need to do to obtain banking for your cannabis business.

Why is cannabis banking so hard to get?

Cannabis banking’s tough reputation…

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