Consumer

Pot's Legal Purgatory Is Raising New Concerns, From Banks to the UN

While states allow cannabis, the federal prohibition creates hurdles for the industry when it comes to banking. 

Photographer: Gabby Jones/Bloomberg

Welcome to this week’s issue of the Dose, which tracks the psychedelics and cannabis industries. While companies and scientists delved into the potential of mushrooms and marijuana at South by Southwest, banking problems that have the potential to affect both industries began to unfold.

Legal ambiguities that have helped cannabis thrive at the state level are coming back to bite it.