Public Banks Could Break the Impasse Over Marijuana Money

(Photo: Martijn) With nearly a dozen state initiatives legalizing recreational marijuana on the November ballot, the market for legalized marijuana is certain to expand. But, because marijuana continues to be classified as a Schedule 1 drug by the Drug Enforcement Agency (DEA), private banks are effectively prohibited from fully participating in this market — the … Continue reading Public Banks Could Break the Impasse Over Marijuana Money