Sundie Seefried, CEO and president of Safe Harbor Financial, was a panelist on “Small Banks And Credit Unions: The Creators Of The American (Cannabis) Dream” at Benzinga’s Cannabis Capital Conference. Seefried shared that one of the biggest challenges of financing the cannabis industry is the regulatory scrutiny that follows.
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A bipartisan group of senators on Wednesday introduced a newly revised bill to give state-legal cannabis companies access to business banking services.