CFN Insider #3 - The Cannabis Industry's Banking Problem

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CFN Insider

Business


The Cole Memo and other regulations have tried to open up banking access to the cannabis industry, but many banks and credit unions refuse to engage with the marijuana industry because it remains a Schedule I Controlled Substance. In this episode, we look at the challenges that cannabis businesses face and what's being done to solve the problem. Featured Guests Tyler Bäuerlein, VP Business Development at Hypur. Matt Karnes, Founder & CEO of GreenWave Advisors Tim Belvin, Founder of 420 Tech