If you are a cannabis business you need this report because banks hate you. Period. Normal banking is not an option for most businesses in the cannabis industry and they rely on trading in cash. Even many state and municipal fees and taxes must be collected in cash. Being forced to deal in cash is expensive, time consuming and is unsafe. For the industry to continue to evolve and grow and eventually eclipse and eliminate the black market, banking must open its arms to cannabis business banking. If any of sounds familiar to you or your business, then we have a free report you must download today - all thanks to a California State Treasurer who is about to become a household name.
Thank you John Chiang. You are about to become a household name among the cannabis rank and file. This report is long overdue and much needed. Where have the other legalized states and municipalities been in addressing the banking needs of the cannabis businesses who are generating the tax revenues and fees they so coveted and desired? Let’s raise a glass bong to California.
California State Treasurer John Chiang starts by going over the challenges to be faced in 2018 and then on to the “pros and cons” of Smart Safes and Kiosks, Armored Courier Services, Money Services Businesses and Third-Party Payments Services finally discussing the creation of State-Backed Financial Institutions and a “Banker’s Bank”. Going on the record with strategies for cannabis business banking is a big deal. This is one download you must have. Oh and it’s free of course.
This report sticks a thumb in the eye of Jeff Sessions and the upcoming federal struggle for continued legalization and State's rights.
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