Fed Employee Hired By Pot Investment Firm to Crack Banking Sector

“There are a number of banks that have a footprint in places that are already inundated with the cannabis industry, where they’re making it peripheral to their businesses when it could really be a part of their client base,” Mr. Tosetti says. “My goal is to change the misconception that servicing the cannabis industry is a compliance burden for banks.”

Read more in the Wall Street Journal