On the cusp of receiving a coveted new licence to grow medical marijuana, Dan LaFlamme went looking for a bank to represent his family-owned business and encountered the kind of rejection those in the burgeoning industry have gotten used to.
Two of them turned Canna Farms away before a third finally agreed. It was early 2014 and the company, based in Hope, B.C., had secured the fifth licence from Health Canada to produce medical cannabis for its new commercial mail-order system.
“I think it was just so new, [the banks] didn’t know [it was legal],” Mr. LaFlamme said.
MIKE HAGER – Globe and Mail – Nov. 29, 2015.
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