Banking on cannabis

Banking on cannabis

Read a transcript of this episode on FT.com YouTube has netted 50m paying subscribers for its music streaming services, and the dearth of truckers has become so severe in the US that some fleet owners are petitioning officials to let more foreign operators into the country. Plus, the FT’s US banking editor Josh Franklin explains that top American banks have avoided cannabis companies so a niche finance sector has sprouted up to service this growing industry.  YouTube’s music services amass 50m paying subscribers   US truck driving shortage, with the FT’s Steff Chavez Banking on cannabis: the new network of lenders for a semi-legal industry - with Joshua Franklin, US banking editor The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.   

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