Home » New York Office of Cannabis Management Launches Cannabis Banking Directory.

Feb 06 2025

New York Office of Cannabis Management Launches Cannabis Banking Directory.

The New York Office of Cannabis Management (OCM) has introduced a new “Cannabis Banking Directory”.

The directory is now accessible at the bottom of the Social Economic and Equity page on the OCM’s website. Launched yesterday, the directory is intended to help licensed marijuana businesses find reliable banking services as the state’s legal market expands.

“This directory, launched by our SEE Team, aims to streamline the connection between licensed cannabis businesses and supportive financial institutions,” says OCM. “This initiative is part of the office’s strategic efforts to reduce regulatory barriers and improve financial stability for cannabis businesses.”

OCM says “The lack of accessible, compliant financial services has long been a challenge for licensed operators, complicating essential operations and transparency. The cannabis banking directory addresses these issues by bridging the gap between cannabis entrepreneurs and banks and credit unions that understand the unique needs of the industry.”

Below is the full list of banks servicing marijuana businesses:

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Anthony Martinelli

Anthony Martinelli is founder and Editor-in-Chief of The Marijuana Herald. Anthony previously served as Editor-in-Chief of TheJointBlog.com, and he has worked as a campaign manager and communications director for multiple political campaigns. You can reach Anthony at Info@TheMarijuanaHerald.com.