GreenlaneHow do legal-marijuana business entrepreneurs raise money to start or expand their business? The big banks won’t open a checking account for them, let alone lend money, because it’s still illegal at the federal level. Banking and financing options are limited but there is a need, and there are options. There are some, mostly small, banks what will fund cannabusiness. The first step for entrepreneurs seeking funding for their business is to decide between debt (a loan) and equity (selling a piece of the company).

Source: Forbes September 09, 2017 22:30 UTC