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Published 17 days ago

New era for pot regulation leaves old problem: Many cannabis companies can’t find a bank

Summary by WGN 9
LOS ANGELES (AP) — The Biden administration’s move to reclassify marijuana as a less dangerous but still controlled drug was hailed as a monumental step in reshaping national policy. But it might do little to ease a longstanding problem in the cannabis industry — a lack of loans, checking accounts and banking services that other […]

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