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Despite projections of a $7 billion state marijuana industry, major banks and credit unions are still wary of attracting the scrutiny of federal regulators if they accept deposits tied to cannabis-related businesses.
March 01, 2018 at 06:00 AM
1 minute read
Khurshid Khoja says he tries to play by the rules.
The Greenbridge Corporate Counsel founder advises state-legal marijuana-related businesses. He knows the sector they all work in is legally murky. California rolled out its licensed recreational market on Jan. 1, but the federal government still considers marijuana an illegal drug.
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