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New era for pot regulation leaves old problem: Many cannabis companies can't find a bank

May. 01, 2024 14:12 PM EDT

LOS ANGELES (AP) — The Biden administration's move to reclassify marijuana as a less dangerous but still controlled drug was hailed as a monumental step in reshaping national policy. But it might do little to ease a longstanding problem in the cannabis industry — a lack of loans, checking...