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Boulder Weekly: Risky Business, Part 1 Banking in the Marijuana Industry

For a bank, analyzing the risk of onboarding a cannabis business as a client is complicated. The legal marijuana industry is emerging and comes with its share of immaturities — the lack of historical data makes it difficult to study the past or predict the future of the market. This is also what makes it so attractive. Among the fastest growing industries in the country, a bank that can successfully onboard marijuana accounts stands to prosper tomorrow from what is risky business today.

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