Banking On Pot

Banking services for cannabis dispensaries in Missouri are limited due to marijuana being illegal on the federal level. Jack Cardetti with the trade group MoCannTrade hopes Congress will pass legislation that would prevent banks from being penalized by the feds for doing business with cannabis dispensaries:

Last year, Governor Mike Parson signed a new law that allows the Department of Health and Senior Services to share financial information from marijuana businesses with banking institutions. Most dispensaries in Missouri are cash-only, although some will accept debit cards.

(From Missourinet)