Bill to Create Banks for Cannabis Businesses Clears Hurdle in California Legislature

Cannabis Business Times
Apr 26, 2018, 10:33 am21 pts
A second state Senate committee on Wednesday approved a bill that would make it easier for California cannabis businesses to write checks — instead of using hoards of cash, as is common practice now — to pay taxes, rent and fees to vendors. The bill, introduced by state Sen. Robert Hertzberg, D-Van Nuys, would…

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