Red States Are Leading the Chase for Cannabis Banking “Green”

Original post

Banks in “red” states are starting to open their doors to the cannabis industry. And when marijuana entrepreneurs can access traditional finance services, it will mean big things for your cannabis investments…

You’ve heard me talk a lot about the trouble U.S. cannabis companies have with the banking sector. As you know, cannabis is still illegal under federal law, and banks don’t want to be accused of working with an “illicit” business.

Today, I want to make sure you know why I’m releasing so many cannabis banking reports.

It’s part of a story that I’m following closely because it’s got massive implications for cannabis investors…

Join the conversation. Click here to jump to comments…

About the Author

Greg Miller started working on Wall Street in September, 1987, just a month before the “Black Monday” stock market crash.

During his career there, he became an expert in just about every kind of publicly traded security – from blue-chip and small-cap stocks to municipals, junk bonds, and derivatives. As a portfolio manager, Greg was responsible for over $500 million of assets in mutual funds and insurance company accounts.

After leaving the Street, he designed a successful options trading strategy and made lucrative tech investments for a financial publication. He has also helped develop new products and worked with other editors to hone their strategies.  He’s always been dedicated to deep, fundamental research – and he always will be – because he believes buying the very best companies at the right price is the best way to amass wealth in the stock market.

Read full bio