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Marijuana News Today: Banks Still Wary of Getting Involved in Pot, Market Shows Promise

Profit Confidential Friday, 13 July 2018 ()
Marijuana News Today
In the marijuana news today is further evidence of how federal government policies in the U.S. are hindering institutional investors from getting involved in the marijuana industry—to the pot stock market's detriment.

Yesterday, we examined how institutional investors were staying at arm's length from the industry, refusing to purchase large stakes in marijuana companies despite a lot of value being generated.

In the marijuana news today, we're looking at a much more basic—but no less serious—problem of banks not even willing to hold.

The post Marijuana News Today: Banks Still Wary of Getting Involved in Pot, Market Shows Promise appeared first on Profit Confidential.
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Source: GOBankingRates - < > Embed
News video: Here's How Marijuana Ate Up My Finances

▶ Here's How Marijuana Ate Up My Finances 01:00

I look at all I've accomplished today with my business and investments, and there is one part that still gets to me: how long it took me to get here because of money spent on marijuana. Although I cannot go back in time, this might help someone realize they could spend their money in better ways.

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