New era for pot regulation leaves old problem: Many cannabis companies can't find a bank

LOS ANGELES (AP) — The Biden administration's move to reclassify marijuana as a less dangerous but still controlled drug was hailed as a monumental step in reshaping national policy. But it might do little to ease a longstanding problem in the cannabis industry — a lack of loans, checking accounts and banking services that other businesses take for granted.“As far as financial institutions, I don’t necessarily think it’s going to have a demonstrable effect” on