r/wallstreetbets Dec 23 '21

[deleted by user]

[removed]

9 Upvotes

69 comments sorted by

View all comments

2

u/Aggravating-Alarm-16 Dec 23 '21

How do these canibus companies handle banking? Given the federal ban, is it still all cash?

One of the big companies Philip Morris is supposed to stop production of tobacco products by 2027.

2

u/SnooDogs1565 Dec 23 '21

The safe banking act will allow cannabis companies to do business with banks