Despite billions in revenue annually, legal marijuana businesses have yet to find a solution to the industrys lack of reliable payments, banking and other financial services.
Despite generating an estimated $4.5 billion in revenue last year, the legal marijuana industry has yet to solve one of its biggest issuesthe lack of reliable payments, banking and other financial services.
The marijuana industry is still hampered by its own banking crisis, but the rigidity of federal laws is not stopping all advances in financial services for the sector.