California Senate Passes Bill to Create Banking Alternative for Cannabis Industry, Bypass Federal Reserve
SACRAMENTO, Calif. (May 23, 2019) – On Tuesday, the California Senate passed a bill that would establish limited state-chartered banks to serve the cannabis industry. Final passage of this legislation would remove a major federal roadblock in front of the developing...
California Committee Passes Bill to Create Banking Alternative for Cannabis Industry, Bypass Federal Reserve
SACRAMENTO, Calif. (April 30, 2019) – Last week, a California Senate committee passed a bill that would establish limited state-chartered banks to serve the cannabis industry. Final passage of this legislation would remove a major federal roadblock in front of the...Signed as Law: West Virginia Bill to Facilitate Banking for Medical Marijuana Program
CHARLESTON, W. Va. (April 1, 2019) – Last Tuesday, West Virginia Gov. Jim Justice signed a bill into law that creates a mechanism to handle banking services for the state’s medical marijuana program. The new law removes one roadblock in front of the developing...