California considers ‘green banking’ as it transitions to fully legal pot – LA Times - News Summed Up

California considers ‘green banking’ as it transitions to fully legal pot – LA Times


"We know there is a concern with having so much cash flowing around on the street in transactions for what is now a state legal product," said Peter Williams, deputy secretary and general counsel for the state Business, Consumer Services and Housing Agency. "The administration is looking for a solution to the problem. We are all concerned about the public safety issue here, and we think this is an idea to help mitigate that problem."


Source: Los Angeles Times December 17, 2017 08:03 UTC



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