CFG Bank enters fast-growing medical cannabis market

The Baltimore Business Jnl reports

“Because of the federal rules, most banks won’t touch cannabis companies,” CEO Bill Wiedel said. “We saw a need in the marketplace.”

CFG Bank (CFGB) Tuesday announced its expansion into the cannabis market as one of the only banks in the area to serve this growing industry. The bank recently worked with a number of clients, including SunMed Growers and Curio Wellness, supporting their growth and expansion needs in response to demand increases. SunMed Growers is a medical cannabis grower …

Read story at ( paywall)

Cannabis Law Report Has Been Publishing Legal, Professional & Regulated
Cannabis News Daily Since 2016 – All For Free

We want to carry on providing the important cannabis sector
news for free for all our readers.

Costs are rising to produce Cannabis Law Report and we’d like to ask you,
our readers, for a small donation.

Primary Sponsor

New: Free USA Cannabis Case Law Search – New Cases Daily

Directory Categories

Sponsor – aBizinaBox

Top Marijuana Blog
%d bloggers like this: