Day: December 28, 2018

California deems cannabis public bank unfeasible, seeks federal law changes

California deems cannabis public bank unfeasible, seeks federal law changes

A public bank has been floated at North Bay and Sacramento levels as a way to meet the needs of the still largely cash-based cannabis industry, because conventional banks have been leery of involvement with something that’s still high on the federal list of controlled substances. But California officials Thursday noted such a plan was […]