Once Again….Cannabis Regulators Urge Policy Action to Address Current Cannabis Banking Situation in States

The Cannabis Regulators Association (CANNRA) – a nonpartisan, non-profit organization that convenes government officials involved in cannabis regulation across more than 40 states and territories – issued a letter today illustrating the impacts that a lack of financial and banking services has had on cannabis businesses, those working with the cannabis industry, communities, and governmental agencies involved in regulating cannabis. Impacts include risks to public safety and security, impacts on governmental regulatory agency access to banking and depository services, and impacts on small and minority cannabis businesses.