At the NAACP, we know that we can’t achieve racial equity without economic equity. This interdependence is particularly pronounced in the cannabis industry — a sector which many of us are hoping will concentrate its economic benefits on the Black and brown communities that were once harassed and targeted for business activities that today are legal, legitimate, and extremely lucrative in 38 states and Washington, D.C. But as is often the case with dismantling structural racism, there are laws on the books standing in our way. While we all know that cannabis is still illegal under federal law, many people don’t realize that current federal law also prevents banks from providing medical
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