Find me one PR where a bank, ANY bank, has loaned money to an MJ company. The feds basically said we won't prosecute, go after, or seize assets of banks loaning to MJ companies... but we aren't changing the law so it's still illegal.
It's just like them saying they aren't going to go after companies selling recreational MJ in Colorado and Washington state... but it's still classified as a class one narcotic and has not been decriminalized in any way shape or form.
Imagine if a serious conservative took office in 2016. He could simply begin prosecuting these companies and banks at a time of his choosing. This is the reason banks and legit companies are not playing in this sector. Otherwise, you'd just see a successful and cash flush company like Phillip Morris come in and take the sector over by storm. They have the experience in growing, manufacturing, and distributing...
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