California Cannabis Banking: Financial Institutions Get Some Cover

Canna Law Blog
By Jihee AhnOct 16, 2020, 10:00 am279 pts
In a step towards achieving the goals of the SAFE Banking Act, California Governor Gavin Newsom approved Assembly Bill 1525, which importantly provides that banks, credit unions, and other financial servicers to cannabis businesses do not violate California law “solely by virtue of the fact that the person…

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