The marijuana stock market has been booming over the past few years. In that time, we have seen company valuations shoot up, as well as investor faith in the market. Despite the massive influx of capital, banking for the industry has yet to catch up.
This means that marijuana businesses and pot stocks have a more than difficult time handling money in their respective companies. New laws, however, maybe going into effect in the near future that could begin to shift this. For now, this is one of the largest issues that the cannabis stock space has had to face.
Where the Issue Lies For U.S. Marijuana Stocks
The U.S. has become the largest area for marijuana stocks to flourish. Despite more than half of the country putting in legislation to allow weed in some form or another, the federal government has yet to fix their stance. The feds currently view cannabis as…