GlobalNews411

Comprehensive reporting, aggregated for speed.

allentown

Banks remain wary of working with cannabis businesses, report finds

A new report from The Center Square says most financial institutions remain reluctant to serve cannabis-related businesses even as public acceptance grows.

Published Sep 8, 2026, 4:21 PM EDT | WFMZZ

A report from The Center Square found that most financial institutions are hesitant to work alongside cannabis-related businesses. That reluctance continues even as acceptance of cannabis widens, leaving the industry to navigate persistent banking challenges.