Legal cannabis is coming. But will banks accept the money?

stluciatimes.com · economy
Full story

Saint Lucia is working toward the creation of a legal cannabis industry. A recent summit gathered government officials, bankers, and regulators to discuss financial integrity. The main concern is whether banks will accept money from the cannabis sector. This issue must be resolved before the industry can fully develop.

Saint Lucia is moving closer to establishing a legal cannabis industry. But before the sector can properly take shape, another issue has to be settled. Will the banks take the money? That question was at the heart of a recent Cannabis Banking and Financial Integrity Summit, where regulators, bankers and government officials discussed how the […] The article Legal cannabis is coming. But will banks accept the money? is from St. Lucia Times .

Read full article → Compare