Tag Archives: Xavier Becerra

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.

California Attorney General and Banking System for Cannabis

Attorney General Becerra Urges Congress to Incorporate $6.7 Billion Cannabis Industry into Banking System

SACRAMENTO, Jan. 16, 2018 /Weed Wire/ – California Attorney General Xavier Becerra today joined a bipartisan group of 18 state attorneys general in urging Congress to advance legislation that will enable the cannabis industry to participate in the banking system in states that have legalized medicinal or adult use of cannabis. The recent decision by the Trump Department of Justice to rescind prior federal guidance rolled back critical protections for the legal cannabis industry.


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