{"id":9362,"date":"2021-04-22T01:45:33","date_gmt":"2021-04-22T01:45:33","guid":{"rendered":"https:\/\/www.thecannabist.co\/2021\/04\/21\/cannabis-industry-says-access-to-banking-services-cant-happen-soon-enough\/135268\/"},"modified":"2021-04-22T01:45:33","modified_gmt":"2021-04-22T01:45:33","slug":"cannabis-industry-says-access-to-banking-services-cant-happen-soon-enough","status":"publish","type":"post","link":"https:\/\/cannitrol.com\/blog\/cannabis-industry-says-access-to-banking-services-cant-happen-soon-enough\/","title":{"rendered":"Cannabis industry says access to banking services &#8216;can&#8217;t happen soon enough&#8217;"},"content":{"rendered":"<div id=\"wp_fb_like_button\" style=\"margin:5px 0 5px 5px;float:right;height:100px;\"><script src=\"http:\/\/connect.facebook.net\/en_US\/all.js#xfbml=1\"><\/script><fb:like href=\"https:\/\/cannitrol.com\/blog\/cannabis-industry-says-access-to-banking-services-cant-happen-soon-enough\/\" send=\"true\" layout=\"standard\" width=\"450\" show_faces=\"false\" font=\"arial\" action=\"like\" colorscheme=\"light\"><\/fb:like><\/div><div class=\"media_block\"><a href=\"https:\/\/www.thecannabist.co\/wp-content\/uploads\/2020\/10\/AP20297673206903-560x374.jpg\"><img src=\"https:\/\/cannitrol.com\/blog\/\/wp-content\/uploads\/2021\/04\/cannabis-industry-says-access-to-banking-services-cant-happen-soon-enough.jpg\" class=\"media_thumbnail\"><\/a><\/div>\n<div><img src=\"https:\/\/cannitrol.com\/blog\/\/wp-content\/uploads\/2021\/04\/cannabis-industry-says-access-to-banking-services-cant-happen-soon-enough-2.jpg\" class=\"ff-og-image-inserted\" \/><\/div>\n<div class=\"row\">\n<div class=\"large-10 large-centered small-12 columns\"> <a href=\"https:\/\/www.thecannabist.co\/2021\/04\/21\/cannabis-industry-says-access-to-banking-services-cant-happen-soon-enough\/135268\/#comments-anchor\"><span class=\"spot-im-replies-count\" data-post-id=\"135268\" \/><\/a><\/p>\n<p>Cannabis industry insiders say a push by federal lawmakers to allow banks to provide services to pot shops in states where they are legal \u201ccan\u2019t happen soon enough.\u201d<\/p>\n<p>\u201cAccess to banking and capital is probably the largest barrier of entry for getting into this industry,\u201d said David Torrisi, president of the Commonwealth Dispensary Association.<\/p>\n<p>As a haze of marijuana legalization has spread across the nation, banks have generally been unwilling to do business with companies that sell marijuana or related products, which are still illegal under federal law.<\/p>\n<p><a href=\"https:\/\/www.bostonherald.com\/2021\/04\/21\/cannabis-industry-says-access-to-banking-services-cant-happen-soon-enough\/\">Read the rest of this story on BostonHerald.com.<\/a><\/p>\n<\/p><\/div>\n<\/p><\/div>\n<p><!-- .row --> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cannabis industry insiders say a push by federal lawmakers to allow banks to provide services to pot shops in states where they are legal \u201ccan\u2019t happen soon enough.\u201d \u201cAccess to banking and capital is probably the largest barrier of entry for getting into this industry,\u201d said David Torrisi, president of the Commonwealth Dispensary Association. As [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5062,8244,8245,528,8232,9,441,1,3,61,1736],"tags":[5063,8246,8247,3102,8234,3015],"_links":{"self":[{"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/posts\/9362"}],"collection":[{"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/comments?post=9362"}],"version-history":[{"count":0,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/posts\/9362\/revisions"}],"wp:attachment":[{"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/media?parent=9362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/categories?post=9362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/tags?post=9362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}