CannaNative was featured in an article by TIME about how despite the fact that the industry already generates billions of dollars in sales per year, marijuana entrepreneurs still struggle to find a way to store and manage all of the cash rolling in from the green rush.
“A dearth of banking options for businesses in the marijuana industry has made it difficult for business-owners to deal with all of the cash rolling in, creating issues around security and the payments process. With the industry projected to reach $10 billion in legal sales by 2018, according to industry research firm The ArcView Group, and a number of new states expected to vote on additional legalization measures in upcoming elections, the industry’s banking issues are likely only to get bigger.”