Since cannabis is still considered illegal by federal law, providing banking services to those businesses was risky even with the tenuous protections provided by the now-defunct Cole memo. Now, California's already cash-heavy marijuana market faces a major influx of money with next to nowhere to put it. The state has already issued about 675 temporary licenses for all types of businesses from grow operations and labs to retail dispensaries and food production businesses, according to a state-run database. . . #prop64 #blackmarketstrong #california #legalized #legalization #cannabis #taxation #weed #marijuana #losangeles #terps #hash #thc #cbd #710 #420 #shatter #shatterlabels #hightimes #highlife #fuckprop64 #cannabispackaging #marijuanapackaging #tax #rosin #dab #prop64 #rip215 (at Los Angeles, California)
