Missouri governor signs bills impacting cannabis banking, employee background checks


Missouri’s marijuana businesses will have fewer obstacles when it comes to accessing banking, but they must now get fingerprint background checks from all their new employees and contractors, under legislation that the governor signed Thursday.

Few banks nationwide serve cannabis businesses and their owners — or even their auxiliary partners — because most want nothing to do with a business that sells a product the federal government still considers illegal. That’s true even in states that…

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