Finance

States that have legalized marijuana are working on regulatory fixes to allow the cannabis industry the access to banks that it needs to grow.

Banks and credit unions often cite "reputational risk'' as a reason for not working with cannabis businesses but research shows there is little risk they would be stigmatized.

Growing public acceptance of marijuana, highlighted by a slew of successful legalization initiatives, is encouraging investment.

Last night's vote has brought market scares, wage hikes, marijuana legalization and more.

You would have been hard pressed, just a few years ago, to find investments outside of family-office groups. Then Washington and Colorado legalized.

Increasingly, marijuana is seen as a potentially big financial opportunity. But the tax man is making it a business buzz-kill.