California would likely lose money and face overwhelming federal barriers if it tried to create a state-backed bank to help cannabis businesses navigate banking challenges, according to a report released by the state treasurer. The report puts an end for now to hopes the state could find a banking solution for marijuana businesses. Since marijuana […]
Report: CA-backed bank for marijuana businesses would face insurmountable hurdles is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
Source: https://mjbizdaily.com/california-bank-for-marijuana-businesses/
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