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A Multibillion Dollar Industry Without a Bank

July 14, 2016

By John Geluardi : sfweely – excerpt

As the California campaign for the Adult Use of Marijuana Act gains momentum and state economists forecast an industry that could grow to $15 billion annually by 2020, creating thousands of jobs and generating millions in tax revenue, there’s a dark cloud hanging over potential victory celebrations on Nov. 8: The multibillion dollar industry will have no legal banking options… (more)

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