Tag Archives: State Treasurer

California Treasurer Studying Possibility of Creating a Public Cannabis Bank

California Treasurer Studying Possibility of Creating a Public Cannabis Bank

California Treasurer Studying Possibility of Creating a Public Cannabis Bank

United States Attorney General Jeff Sessions may have reversed federal marijuana enforcement policy, but that isn’t stopping the Golden State from studying how to move forward with creating a public cannabis bank to serve the state’s legal cannabis industry.

John Chiang and Cannabis Banking and Lack of Banking and Public Bank

Treasurer Announces Next Steps in Exploring Creation of a Public Bank to Serve State’s Cannabis Industry

SACRAMENTO, Calif., Jan. 30, 2018 /Weed Wire/ — California State Treasurer John Chiang today announced next steps in determining the potential of a public bank to service the cannabis industry in California.

Four Ways the California Treasurer Wants to Improve Cannabis Banking Services

Four Ways the California Treasurer Wants to Improve Cannabis Banking Services

While there have been attempts at the federal level to ensure the availability of cannabis banking services, the Golden State is forging ahead with its own strategies so it can be prepared for the rollout of recreational cannabis in 53 days.

John Chiang and Cannabis Banking and Lack of Banking and Public Bank

Treasurer Chiang Releases Recommendations to Address Lack of Banking for Cannabis Industry

SACRAMENTO, Calif., Nov. 7, 2017 /Weed Wire/ – State Treasurer John Chiang today released a report outlining steps California can take to address the lack of banking services that force much of the cannabis industry to operate in cash.

John Chiang and Cannabis Banking and Lack of Banking and Public Bank

Treasurer Chiang Unveils Findings and Recommendations On Cannabis Banking After Year-Long Study

SACRAMENTO, Calif., Nov. 6, 2017 /Weed Wire/ – State Treasurer John Chiang will release a report on steps California can take to address a lack of banking services that forces much of the cannabis industry to operate business in cash.

Legislative Conference Committee Stalls on Massachusetts Marijuana Bill

Legislative Conference Committee Stalls on Massachusetts Marijuana Bill

he Massachusetts House and Senate continue to be at odds over how to regulate recreational marijuana. On June 30, 2017, a six-member conference committee comprised of both House and Senate leadership announced that although it had missed its self-imposed deadline to come to an agreement, it would continue negotiations after the Fourth of July holiday.

Treasurer Goldberg Asks Attorney General Sessions to Clarify Justice Department’s Position on Marijuana Enforcement

BOSTON, March 7, 2017 /Weed Wire/ – Massachusetts State Treasurer Deborah B. Goldberg, who is charged with implementing a new state law legalizing recreational marijuana, wrote a letter today to U.S. Attorney General Jeff Sessions asking the Department of Justice to clarify its position and future plans regarding enforcement of federal marijuana law.

Illinois State Treasurer Urges Trump to Issue Guidance on Marijuana Banking

Illinois Urges Trump to Issue Guidance on Marijuana Banking

In response to President Donald Trump’s nomination of Jeff Sessions for Attorney General, Illinois State Treasurer Michael Frerichs announced on Jan. 24, 2017, that he sent a letter to Trump urging him to issue clear guidance to banks on working with the legal marijuana industry.

California Treasurer Launching Cannabis Banking Working Group

California Treasurer Launching Cannabis Banking Working Group

On Dec. 2, 2016, California State Treasurer John Chiang announced that he is creating the Cannabis Banking Working Group to address banking issues that could challenge the state’s rollout of recreational cannabis.

Treasurer Chiang Convenes Cannabis Banking Working Group

SACRAMENTO, Calif., Dec. 2, 2016 /Weed Wire/ — State Treasurer John Chiang announced today the creation of the Cannabis Banking Working Group to address a significant issue that could hamper the implementation of Proposition 64, a ballot measure approved by voters that legalizes the recreational use of cannabis.


Top