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Old 10-05-2017, 01:45 AM #1
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New 'Bank Of Los Angeles' For Marijuana Dispensaries

LOS ANGELES – A City Council committee is set to begin discussion Wednesday on making Los Angeles the first city in the nation with its own bank, which would give marijuana dispensary operators access to banking services.

Council President Herb Wesson proposed the creation of a public Bank of Los Angeles during a speech in July while calling on his fellow council members to help devise a legal cannabis industry in the city that works.

https://patch.com/california/hollywo...a-dispensaries
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