Chart of the Week: 60% of Cannabis Companies Don’t Have Bank Accounts


By Becky Olson

Roughly 60% of companies operating in the cannabis industry don’t have bank accounts for their businesses, according to first-of-its-kind data from a survey conducted by Marijuana Business Daily.

The situation is even worse for companies that actually handle the plant, with 70% reporting that they’re currently operating without traditional banking services.

The poll, which includes the responses of over 400 cannabis professionals from across the country, also found that a…

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