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Public banks offer hope for marijuana businesses

by / No Comments / 0 View / November 4, 2017

By OMAR SACIRBEY

DENVER (AP) – With most private institutions and credit unions still avoiding the legal cannabis industry, many marijuana businesses remain without bank accounts.

But one idea is gaining acceptance among marijuana entrepreneurs and a growing number of cities and states: the formation of public banks to serve the cannabis industry.

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Via: Public banks offer hope for marijuana businesses