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Missouri's New Medical Marijuana Industry Puts Banks In A Tough Spot

Missouri's New Medical Marijuana Industry Puts Banks In A Tough Spot

St. Louis on the Air · St. Louis Public Radio

January 9, 20208m 36s

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Show Notes

Missouri has collected more than 2,000 applications for medical marijuana business licenses - but who will bank those businesses? Many are not willing to take on the risk for something that is illegal at the federal level. St. Louis Public Radio reporter Corinne Ruff talks with Sarah Fenske about her exploration into the challenges facing banks hoping to get involved in this new industry.