Cannabis

Why California Needs Banking for Legal Cannabis Operations

Despite the cannabis market growing in 38 states, the federal government continues to assert its right to classify cannabis as a Schedule I drug under the Controlled Substances Act.  This classification creates a very unique challenge for the industry to succeed and the ability to obtain banking services.

Wesson Announces Call to Action with Bold Policy Agenda 

Earlier this week, Los Angeles City Council President Herb Wesson, Jr. announced a public policy highlighting what is believed as the city’s most concerning issues including the advancement of immigrant and civil rights, bridging the digital divide, developing and increasing affordable housing, and the creation of the city’s first municipal bank.