National Cannabis Review
Industry Links
Medical Links

Medical Marijuana Cooperative

Arizona (9)
California (2)
Colorado (3)
Maine (1)
Nevada (1)
Oregon (46)
Washington (32)

National Cannabis Industry News    Search Industry News: 
The Joint Blog | May 31, 2018
 California Senate Approves Bill to Establish Marijuana Banks and Credit Unions

Anthony Martinelli

Legislation that would allow for the creation of a special class of state-chartered banks and credit unions that could service Californias legal marijuana industry has been passed by the full Senate.
The status quo for our growing legal cannabis industry is unsustainable, says SenatorRobert Hertzberg D, who filed Senate Bill 930. Its not only impractical from an accounting perspective, but it also presents a tremendous public safety problem. This bill takes a limited approach to provide all parties with a safe and reliable way to move forward on this urgent issue. The measure was approved by the full Senate yesterday in a 29 to 6 vote. The vote sends the bill to the House of Representatives, where passage would send it to the desk of Governor Jerry Brown. The proposed....
View more in new window
Older cannabis industry news.
Mission Statement
Privacy Statement
Rating System
Link Back
Contact Mark
© Copyright 2017
We make every effort to provide timely and accurate information, however we cannot guaranty the accuracy of these listings.
To correct a listing, please use the corrections link or contact the web master, Mark.
This web site contains no advertising. Listings in this directory are licensed business.
Reviews and editorials are the opinion of the author only, not those of the National Cannabis Review.
No Sign In -- Minimum Digital Footprint
Reduce violence on the border, support local growers, keep your cash in your community, and get consistent quality Legalize It World Wide!.