Alex Leonowicz highlights the rapid growth of the cannabis industry and the legal and financial challenges banks face due to federal regulations in his new article for Great Lakes Banker, "Navigating the Green Frontier: The Challenges and Opportunities of Cannabis Lending". Despite these hurdles, the market presents significant opportunities for banks willing to navigate the complex regulatory landscape. The global cannabis market is projected to reach $73.6 billion by 2027, making it a potentially lucrative sector for financial institutions.
Read more about the intricacies of the banking and cannabis industry in the full article here: https://bit.ly/3zJyUZ3.