Canna Aid

Cali Clears the Way for State Chartered Canna-Banks

The California Senate has approved legislation to create state-chartered cannabis banks to help the industry get around restrictions on access to banking services.

The measure, Senate Bill 51, would allow banks to accept cash deposits and issue special purpose checks retailers could use to pay taxes, rent, or vendors and to purchase bonds or other debt.

To become law, the bill must still go to the Assembly and California Gov. Gavin Newsom.

Recent Articles

For thousands of years, humanity has devised methods to isolate, concentrate, and, in most cases, improve on nature. Those processes were far more primitive than what we have today, but the underlying concept was the same.
Intellectual property (IP), trademarks, patents, copyrights and trade secrets, routinely get stolen, especially in the cannabis space, often leaving companies to do little more than whimper, “Liar, liar, pants on fire.”
Once, Thanksgiving was devoted to spending time with family, friends we call family, and weird uncles you wish weren’t family. Now, it’s been monopolized by the search for deals, steals, and checkout-counter death threats.
Governor Ron DeSantis’ veto of a bill that would have imposed severe restrictions on hemp products in Florida has, to absolutely no one’s surprise, stirred controversy.
Although we’re sold an image of Native Americans and European settlers sitting down together to a feast of modern comfort foods, the real story is considerably darker.
If you wanna know about curb appeal, just ask Jay Steinberg; he knows all about the subject.
There are fake urine companies, and then there are fake urine companies. Serious Monkey Bizzness is one of the latter. Made exclusively for fetishists, pranksters, and novelty enthusiasts, the goods Serious Monkey Bizzness proffers are the stuff of dreams for a small but underserved market of devotees.
There’s a reason to listen to voices on the fringes when they talk about ibogaine, a psychedelic that has shown potential to treat addiction and PTSD.