Legal Marijuana

As The State Transitions to Fully Legal Marijuana, California Takes Green Banking Into Consideration

Legal Marijuana

The leadership of the state of California may be having a solution that will take care of banks’ failure to handle money that comes from the pot industry. Currently, the marijuana industry is estimated to be worth billions of dollars in California. One of the state officials admits that the system is the first in the United States and it's also one of a kind. There are ongoing talks between the federal regulators, the state of California and banks to allow financial institutions serve the pot industry in California.

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