The problems with cannabis-related businesses obtaining banking and payment processing services have been well documented. The issue has led to many dispensaries in states with legalised cannabis to operate on a cash-only basis, leaving their employees at risk of being robbed. However, the problem runs much deeper than cannabis dispensaries and uniquely affects the CBD industry.
This report addresses the reasons why the problem persists, what can be done in the current climate, and what might be done to address the problem.
Anthony is senior advisor to CannIntelligence, where he provides regulatory guidance on issues within the global cannabis sector. Having worked several years as a legal analyst at CannIntelligence, he continues to work on consultancy projects and contribute to regulatory products for the platform. Anthony has a BA in political science from North Carolina State University and a Juris Doctor from Charleston School of Law (South Carolina), and practised law for several years in the United States as a litigator.
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