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

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Banks report record amount of suspected business-loan fraud during PPP - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. If Biden wins, millions of Americans look forward to the media attacking him for 4 yrs just like they attack Trump. If media doesn’t give Biden same treatment a lot of Americans will be unhappy.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Business Insider's top advertising and media stories for September 10 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Instagram is testing out adding tabs dedicated to Reels and Shopping - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I’m not against this. They’d do well to abolish Reels, it’s ruined the app even further. Its very annoying
Source: BusinessInsider - 🏆 729. / 51 Read more »

Starling Bank will pass along the costs of deposits to customers - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Singaporean bank's 7-year digital transformation enabled its survival - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »