WeedWeek business columnist Dan Mitchell looks at the increasing untenability of weed’s banking situation in the Emerald Triangle:

It’s also a logistics problem. “Farmers are often remote and in less populated areas so access to banks and choice of banks is limited,” said Hezekiah Allen, chairperson of Emerald Grown, a growers’ cooperative. Fully legal businesses in rural areas don’t have much of a problem, but if there is only one local bank, and that bank won’t deal with cannabis companies, growers are out of luck, he said.

Read the whole thing.

Quick Hit

  1. MJBiz wonders if California’s many industry groups can work together.