Please report if you find banking information is not accurate.
CannabisBankingMap makes it easy to find financial institutions that provide banking services to cannabis-related businesses (“CRBs”). We map out depository banks and credit unions that directly bank CRBs based on information from the PBC Cannabis Banking Directory.
Glossary of Cannabis Banking
In the dynamic realm of cannabis banking, understanding terminology defining its complex processes and regulations is essential. This cannabis banking glossary serves as a vital resource for practitioners navigating the intricacies of the cannabis industry. (Read More)
The Rise of Cannabis Banking
Despite being legalized in most U.S. states and DC, marijuana (or cannabis, weed, pot, you name it) remains federally illegal. This has prompted banks to shy away from working with state-licensed cannabis-related businesses (“CRBs”). But a few credit unions and smaller banks began offering services. (Read More)
The Banking Problems Facing Cannabis Businesses
In the early stages of state legalization, accessing and maintaining bank accounts emerged as the most pressing challenge for marijuana-related businesses. While regulatory frameworks have evolved and businesses have matured, banking obstacles remain prevalent. The stringent due diligence and reporting requirements imposed by banks on marijuana transactions continue to make maintaining bank accounts for such businesses a costly endeavor. (Read More)
List of Cannabis Friendly Banks and Credit Unions
CannabisBankingMap currently covers 60+ depository banks and credit unions that provide cannabis banking services across the United States. Take a look at the full list.
Disclaimer: Information on this site can be outdated or inaccurate, and we are trying our best to correct errors and keep the information up-to-date.