Drug testing policies at major banks for marijuana: Goldman, Citi - Business Insider

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Some of Wall Street's most prestigious banks no longer screen applicants for marijuana use. Here's where 7 of the largest firms stand on drug testing.

. Adding to the pressure on New York, neighboring Massachusetts has legalized cannabis, and New Jersey residents will vote on whether to legalize marijuana in the state in November.

Last year, the bank initiated coverage on a number of Canadian cannabis stocks, including Canopy Growth, Aurora Cannabis, Hexo Corp, and Cronos Group. The bank also provided financing to Constellation on the purchase of an equity stake in Canopy Growth.Citigroup no longer tests job applicants for marijuana use, according to a person familiar with the matter.Reuters

Last year, prior to the New York City law taking effect, a Goldman spokesperson said the bank does drug test new hires, though the screening process did not include marijuana, per Business Insider's reporting.

 

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No one should, because they act like cannabis is terrible. While allowing other workers to operate on substances which has a greater effect on performance. That’s just the reality at this point.

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