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California Treasurer Convenes Hearing on Marijuana Industry Banking Access Challenges

Tom Angell
California Treasurer Convenes Hearing on Marijuana Industry Banking Access Challenges
Summary

California State Treasurer Fiona Ma has announced a hearing to address critical banking access barriers facing the legal marijuana industry. The hearing will examine how lack of banking services impacts cannabis businesses, workers, and communities across the state. This initiative represents a significant policy effort to resolve longstanding financial infrastructure challenges that have plagued the legal cannabis market for over a decade. Improved banking access is essential for regulatory compliance, tax collection, and ensuring safe, transparent operations in the regulated cannabis market.

Marijuana Moment

Originally published on

Marijuana Moment

By Tom Angell

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Fetched: July 24, 2026 at 10:03 AM

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