CA Marijuana Industry is Still a Cash Only Business

marijuana-buds-on-money
marijuana-buds-on-money

Marijuana buds on money

California’s marijuana industry is still a cash-only economy but what changes – if any – are in store as a recreational pot marketplace looms? California State Treasurer John Chiang is likely to address that question at a public meeting at nine o’clock this morning at the Glaser Center in downtown Santa Rosa. Today’s event is part of Chiang’s statewide “Cannabis Banking Working Group” to get banking experts together with people in the marijuana industry to discuss the issue. The state’s marijuana industry currently produces a projected revenue of over six-billion dollars.