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Banking on pot in Pennsylvania

Banking on pot in Pennsylvania

Financial institutions should do business with legal marijuana sellers

By James F. Bauerle

August 15, 2017

Sales of $150 million are expected next year in Pennsylvania when legalized medical marijuana comes to market. Colorado, Washington and California each report annual sales exceeding $1 billion. Yet growers, processors and dispensaries in all states must do business in cash because marijuana remains an illegal substance under federal law.

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News » Banking on pot in Pennsylvania
15 August 2017
2017-08-16 10:36:53