Just in:
Ajman Celebrates Conclusion of Ramadan Activities with Grand Ceremony // Meta Earth Official Website Launch: The Pioneer Explorer in the Modular Public Blockchain Domain // Superland Announced Annual Results for 2023, 2023 Net Profit Increased approximately 39.5% to approximately HK$22.2 million as Compared to the 2022 Adjusted One // Study: Stainless steel circular economy significantly reduces the risk of climate change in Thailand // 2024 Lok Sabha Election Is A Historic Battle Against The Advent Of Fascism In India // Renewables Surge Sets Record, But Global Equity Lags // Hope for Respite as UAE Endorses UN Plea for Gaza Truce // AI Boost for Galaxy Devices: Samsung Expands One UI 6.1 Update // Employer Obligations Tighten: 30-Day Deadline for Emirati Employee Registration with GPSSA // Emirates Post Speeds Up Deliveries for GCC with Special Day // AIA Hong Kong Wins More Than 20 Accolades at MPF Ratings MPF Awards, BENCHMARK MPF of The Year Awards and Bloomberg Businessweek Top Fund Awards // In Lok Sabha Polls In Punjab, AAP Is Advantageously Placed As Against Its Three Rivals // Sunshine’s Debut Features Leave Tech World Scratching Its Head // The World’s First & Wettest Party: “S2O Hong Kong Songkran Music Festival” proudly returns Get an immersive water and music experience on 8-9 June during Dragon Boat Festival long weekend at Central Harbourfront Event Space! // Andertoons by Mark Anderson for Thu, 28 Mar 2024 // Konica Minolta is named ASEAN 2023 Market Leader in Colour Light and Mid Digital Production Printers // Arvind Kejriwal Was Used By BJP In 2011 Movement To Take On The Congress // Sharpening the Focus: Sharjah Health Department Refines Evaluation Criteria for “Healthy Schools Programme” // Floki & TokenFi eyes MENA // Andertoons by Mark Anderson for Wed, 27 Mar 2024 //
HomeWorldEconomists examined US legal cannabis sector to gauge value of banking services

Economists examined US legal cannabis sector to gauge value of banking services

Despite the many innovative services in the digital age, conventional banking remains important to newly-established businesses; banking cannot yet be replaced by online financial services such as crowdfunding or PayPal, according to a recent study. The economic researchers investigated what role the traditional banks play for newly-founded companies within a highly-developed economy based on the unique example of the US cannabis industry. They found that both the credit and transaction services traditionally provided by banks are key.

(via WSJ)

ADVERTISEMENT

ADVERTISEMENT
Just in:
Sunshine’s Debut Features Leave Tech World Scratching Its Head // Party Nominees Refusing To Contest: Major Perception Threat For BJP // Arvind Kejriwal Gets International Heft Against The Deshi Vishwaguru // Court Sides with Coinbase on Wallet Service, But Staking Program Remains in Limbo // Study: Stainless steel circular economy significantly reduces the risk of climate change in Thailand // Emirates Post Speeds Up Deliveries for GCC with Special Day // Experts come together to support updating the city’s nature conservation masterplan // Andertoons by Mark Anderson for Wed, 27 Mar 2024 // Konica Minolta is named ASEAN 2023 Market Leader in Colour Light and Mid Digital Production Printers // Andertoons by Mark Anderson for Thu, 28 Mar 2024 // Hullabaloo About Electoral Bonds May End Up As A Whimper Pre And Post Poll // Sharpening the Focus: Sharjah Health Department Refines Evaluation Criteria for “Healthy Schools Programme” // Hong Kong Seen Granting Mainland Investors Access to Crypto via ETFs // Renewables Surge Sets Record, But Global Equity Lags // Superland Announced Annual Results for 2023, 2023 Net Profit Increased approximately 39.5% to approximately HK$22.2 million as Compared to the 2022 Adjusted One // HSBC Streamlines Gold Investment for Hong Kong Residents with Tokenized Product // In Lok Sabha Polls In Punjab, AAP Is Advantageously Placed As Against Its Three Rivals // 2024 Lok Sabha Election Is A Historic Battle Against The Advent Of Fascism In India // The World’s First & Wettest Party: “S2O Hong Kong Songkran Music Festival” proudly returns Get an immersive water and music experience on 8-9 June during Dragon Boat Festival long weekend at Central Harbourfront Event Space! // Meta Earth Official Website Launch: The Pioneer Explorer in the Modular Public Blockchain Domain //