California-Backed Marijuana Bank Not Likely to Become Reality

Cannabis & Tech Today
By Associated PressJan 10, 2019, 6:00 am148 pts
By Kathleen Ronayne California would likely lose money and face insurmountable federal hurdles if it tried to create a state-backed bank for the marijuana industry, according to a report released Thursday, December 24, 2018, by the state treasurer. The report puts an end for now to hopes California could find a…

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