Infographic | Marijuana-Related Businesses: The Risks & Rewards of Banking a Growing Industry - Download Now
The Risks & Rewards of Banking a Growing Industry
Marijuana-related businesses (MRBs) have been receiving a lot of attention lately. This growing industry is already worth more than $10 billion in the U.S., with that value projected to almost triple over the next five years, creating many questions for financial institutions around banking MRBs.
This infographic provides a brief introduction to the world of MRBs, mapping marijuana law by state, examining the number of businesses that have been flagged as marijuana-related in the Verafin Cloud to date, and offering insight into related compliance risk.