Consumer Products + Manufacturing

Cannabis

News

Cash is king — and dangerous — for marijuana businesses that lose bank accounts

January 29, 2018 Media Coverage

The Washington Times

January 29, 2018

Ryan Lowther, chair of Farella's Cannabis Industry Group, was quoted in an article on banking in the cannabis industry. Banks are reluctant to accept deposits from businesses that sell marijuana because the drug remains illegal at the federal level.

Link to read full article.

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