Cannabis Companies Have Little Access to Banks Despite Weed Boom (Correct)

This is part of a series on the new realities of finance. Read more on junior bankers using AI, being Black on Wall Street and finance in wartime.

The rotunda of the historic Greenpoint Savings Bank building in Brooklyn, New York, is filled with cannabis flower, vapes and gummies, a sunburst-shaped glass oculus overhead. Shoppers can wander into century-old bank vaults, where ads for the “best preroll in the world” cling to safe-deposit boxes. A multiton Diebold door that once guarded money and valuables is now adorned with a glowing marijuana-leaf emblem.

Illustration: Holly Warburton for Bloomberg Businessweek

But the dispensary inside the ...