Financial regulator calls lack of banking access in cannabis a serious market failure

Federal financial regulator Rodney Hood noted that marijuana legalization “in some form is going to happen, and the abdication of responsibility to address these issues in Washington is simply ludicrous.”

During an interview with PBC Conference that was released on Wednesday, Federal financial regulator Rodney Hood, a board member of the federal National Credit Union Administration (NCUA) said marijuana legalization is not a question of “if” but “when,” reported Marijuana Moment.