For years, cannabis companies and reform advocates have hoped to see federal lawmakers act on industry banking access. Many contend that until such reforms are made, few, if any, cannabis brands will likely see a profit if they are prevented from the banking and financing provided to legalized industries. In addition to banking, cannabis brands are left without access to insurers, loans, and other essential business needs, leaving them vulnerable to banking and business closures unless backed by funds only a few major players have.
These pain points and many more have long been opined about in
