“Cannabis in general has been a very resilient industry — not having a public bank isn’t going to kill it,” said David Hua, co-founder and chief executive of Meadow, a cannabis technology company based in San Francisco. But finding workarounds, whether that means setting up management companies or brokering deals with banks willing to run the risk of federal crackdowns, slows everything down.
Source: latimes.com – Los Angeles Times
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