
Ongoing momentum for state and federal legalization, coupled with the economic impacts of the coronavirus pandemic, are reshaping how many credit unions are thinking about the cannabis industry. While it is unclear when the cannabis banking floodgates will eventually burst open, credit unions that prepare to serve this industry now will be in a stronger position to weather the inevitable changes to the competitive landscape. Here are some of the industry drivers we are watching that will impact the cannabis industry in the new year and the years ahead.