New York Launches Cannabis Banking Directory to Support Marijuana Businesses

6 February 2025

New York’s Office of Cannabis Management (OCM) has launched a Cannabis Banking Directory to help licensed marijuana businesses connect with financial institutions willing to work with the industry. The initiative, announced on February 6, 2025, aims to reduce regulatory barriers and improve financial stability for cannabis operators amid ongoing federal banking restrictions.

See the full list of financial institutions that work with cannabis-related businesses in New York