For years now the cannabis industry has been looking for a safe place to stash its cash. As more and more states legalize the herb in one form or another, the pile of cash also grows larger. In fact, the cannabis industry already generates billions of dollars in revenue per year with nowhere to put its gains but under the proverbial mattress.
With the federal government not yet ready to recognize marijuana as a legal substance, most federally regulated banks are very reluctant to do business with the cannabis industry. Some banks have tried to step up, but ultimately the lack of federal backing has thus far made it a losing proposition.
However, help appears to be on the way — help in the form of... Continue HERE