Providing Our Clients With Expert Advice And Industry Best Practices
Call US TODAY 864-649-6300
Menu
Search

In The News

Home > Acquisitions > California Governor Approves Changes To Marijuana Banking And Labeling Laws
Oct6 - 20

California Governor Approves Changes To Marijuana Banking And Labeling Laws

California Gov. Gavin Newsom (D) signed a handful of marijuana bills into law on Tuesday, making a series of small adjustments to the nation’s largest legal cannabis system. More sweeping proposals such as overhauling the state’s marijuana regulatory structure will have to wait until next year, the governor said.

Among the biggest of the new changes are revisions to banking and advertising laws. With many legal marijuana businesses are still unable to access financial services, Newsom signed a bill (AB 1525) to remove state penalties against banks that work with cannabis clients.

“This bill has the potential to increase the provisions of financial services to the legal cannabis industry,” Newsom wrote in a signing statement, “and for that reason, I support it.” Read the complete article HERE.

Categories

Archives

Events

Nov. 1-3, 2021
Washington D.C.

INFiN's 2021 MoneyTrends Conference & Expo will be taking place November 1-3 at the Marriott Marquis in Washington, DC. Register for this live and in-person…

Nov 2-3, 2021
Los Angeles, CA

LA Blockchain Summit - November 2-3, 2021 LA Blockchain Summit is the leading conference & expo focused on blockchain investing, building and mainstream adoption. For…

contact us

Please fill out all fields marked with* and submit the following form to
request your consultation.

Contact Us Today

Please fill out all fields marked with * and submit the following form to request your consultation.

  • This field is for validation purposes and should be left unchanged.

Call Now Button