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The Credit Crunch is Changing Banks’ Tune About the Cannabis Industry

The Credit Crunch is Changing Banks’ Tune About the Cannabis Industry

by Joseph Lingad | May 24, 2023 | Cannabis, Economy, Inflation

When Noah Carey founded his company in 2015, no banks worked with the cannabis industry. But now he is seeing financial institutions that once balked at the underserved market have a change of heart — in part because of the recent banking crisis. Carey’s company,...

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Welcome to Issue Number One, a site covering economic trends. The site is produced by reporters at the New York City News Service and the CUNY Graduate School of Journalism. Email your comments to greg.david@journalism.cuny.edu.
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