CA Senate votes to allow banks, credit unions to accept marijuana retailer deposits

MJBizDaily
By Nick ThomasMay 22, 2019, 8:00 am87 pts
The California Senate voted almost unanimously to pass a bill that would allow banks and credit unions to accept cash deposits from cannabis retailers. The 35-1 vote would allow banks to issue special checks to the retailers that could be used for certain purposes, including paying taxes or California-based…

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