Source: New York Post
The barriers that have long blocked Pot Inc. from access to banking services may soon crumble, setting the stage for exponential growth in the $50 billion cannabis business, On The Money has learned. At this point, the key barrier is GOP opposition — mainly in the US Senate — to legislation known as the SAFER Banking Act that would create a “safe harbor” for marijuana, meaning big banks can finally lend money to any business that touches weed.
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