source: company website
Severn Bancorp Inc. (SVBI) has been growing nicely over the last year, with its share price moving up in conjunction with its performance, climbing from $7.30 as of February 26, 2018 to $8.70 as I write.
While doing well in traditional banking services, in this article I want to focus on the long-term potential the company has in the cannabis space in Maryland, which allows legalized medical marijuana sales.
Via Severn Savings Bank, the company has quietly but aggressively pursued the nascent industry in the state, and has attracted several