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Editorial: Marijuana businesses are awash with cash. California wants to help get that money into banks

Por: Los Angeles Times Opinion March 04, 2023

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One of the biggest problems facing California cannabis businesses, regulators and law enforcement officials once recreational marijuana sales become legal on Jan. 1 is what to do about all the cash that is expected to change hands. With marijuana still illegal under federal law, most marijuana businesses can’t open bank accounts or accept credit card transactions — financial services companies refuse to serve them for fear being penalized by... + full article



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