03/14/2022
Today, many banks and other financial institutions refuse to work with cannabis-related businesses – turning away their deposits and refusing to issue them credit cards, for example – often citing cannabis's current status under federal law.
Michael H. Sampson, Cannabis Partner at Leech Tishman, and Richard Golz, Principal at Symphony Risk Solutions, give their in-depth analysis about the SAFE Banking Act and its effect on businesses in their Primer, "The Cannabis Industry & the SAFE Banking Act: Looking to the Future, Planning for the Present."
https://www.leechtishman.com/wp-content/uploads/2022/03/Safe-Banking-Act-Primer.pdf