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Swinetime

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Friday, 11/11/2016 1:09:00 PM

Friday, November 11, 2016 1:09:00 PM

Post# of 65774
“There is no way the federal government is going to allow an economy as large as California to remain unbanked on this issue. It’s not a tenable position,” he told Fortune, referring to the fact that major banks have been afraid to take on cannabis business clients because the drug remains illegal on the federal level. Sedlin added: “The big money is about to come in. Prop 64 passing, to me, is the large domino that allows banking and de-scheduling to finally happen in a matter of time that is then going to open up all of the institutional capital.”

http://fortune.com/2016/11/10/election-legal-cannabis-states-businesses/
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