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Home > Financial > California Senate Votes to Allow Banks, Credit Unions to Accept Marijuana Retailer Deposits
Feb15 - 19

California Senate Votes to Allow Banks, Credit Unions to Accept Marijuana Retailer Deposits

The California Senate voted almost unanimously to pass a bill that would allow banks and credit unions to accept cash deposits from cannabis retailers. The 35-1 vote would allow banks to issue special checks to the retailers that could be used for certain purposes, including paying taxes or California-based vendors. Click here to read the full article.

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