Banking an emerging industry.

The banking sector is facing major economic disruption caused by the coronavirus pandemic. If you’re seeking new sources of low-cost deposits and non-interest income, it may be time to consider banking the booming cannabis industry.

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While conflict between state and federal law has kept many banks on the sidelines, others have made serving this industry part of their growth strategy. These banks are rapidly gaining a first-mover advantage in states with legal cannabis programs.