GRN Holding Corp (GRNF)

[ajd]

Saying yes to marijuana money,new bank comes to Florida.Where the big banks say no Justin Costello is saying YES! Foreseeing a MULIBILLION dollar industry here.The head of Seattle-based GRN Funds says his firm has come to Florida to offer banking services to the states medical marijuana providers.It already handles about $500 million in deposits for clients in the cannbis industry on the west coast.Costello,its chairman and CEO,was in Talllahassee last week to meet with state Financial Regulators "strictly as a courtesy".(as a bank, his firm is Federally Chartered and not regulated by the state, he says.) Accompanying him on that visit was Jeff Sharkey and Taylor Biehl of the Medical Marijuana Business Association of Florida.Facilitating an introduction to policy makers,as Sharkey put it.Costello says he already has nine marijuana banking clients signed up in Florida whom he couldn't name because of confidentiality regulations.Floridapolitics.com by Jim Rosica on July 23 2018.I am sure a lot has happened in the last year...….