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Re:Credit-card firms are becoming reluctant regulators of th... by mbesto on Monday October 11, 2021 @02:32PM (#28831360)
> This isn't some incidental detail - it's the entire reason why the banking and credit card industry doesn't want to interact with cannabis right now.

FYI - Banks do work with cannabis in states where it's legal. Those banks just can't be national banks - they have to be state ones that are regulated by the state. In other words, Chase/BoA/etc. can't touch it because they operate at the federal level and are highly regulated.

https://www.riskscout.com/post/the-state-of-cannabis-banking

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