Image credit: Matthew G. Bisanz

California Cannabis Charter Bank Bill Gains Traction

State Senator Bob Hertzberg, who worked alongside state Treasurer Fiona Ma, described the bill as “an interim bridge . . . not too complex,” and better than “a cockamamie public bank.”

California
New York

Who Will Bank New York’s Cannabis Equity Fund?

State officials released a Request for Information as they seek to identify who will help bank the $200 million cannabis equity fund.

New York

New York’s Cannabis Advisory Board Kicks Off

The objective of the Board is to provide suggestions to regulators and lawmakers with regard to the cannabis industry, and to administer community reinvestment fund grants.