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Don’t Worry, Rest of the Country, LA is Gonna Solve the Marijuana-Banking Crisis
Author: Duke London 06/10/2017 - 23:07:00

No matter how many cities and states come around on marijuana reform and realize that legalizing is the only way to truly diminish the black market, put a dent in our government debts, and solve the opioid epidemic that faces our country, there’s still a gigantic 24-karat gold-plated elephant in the room — banking. 

Even in states where legal marijuana markets flourish under state regulation, federally-insured banks — that’s virtually all of them — continue to shut their doors to business accounts that deal with cannabis. 

The City of Los Angeles may have a solution thanks to an idea they’re exploring from a nearly century-old bank in North Dakota. 

More on marijuana.com:Don’t Worry, Rest of the Country, LA is Gonna Solve the Marijuana-Banking Crisis


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