Report: CA-backed bank for marijuana businesses would face insurmountable hurdles

420Patients.com is accepting qualified medical marijuana patients and caregivers to join our network. We value every registered member and we hope to serve you in Arizona. This article brought to you by 420 community friends mmjbusinessdaily.com

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

Leave a Reply

Skip to toolbar