Feasibility Study Finds Public Cannabis Bank Too Risky for California
Feasibility Study Finds Public Cannabis Bank Too Risky for California
SACRAMENTO, CA – At a public hearing at the California State Capitol Thursday, the Cannabis Banking Working Group (CBWG), chaired by California State Treasurer John Chiang, was presented with the results of an independent study that found that establishment of a public cannabis bank would pose too great of a legal and financial risk to the State of California.
“While today’s announcement may not…
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