AB 1525 Makes Financial Services More Accessible to Cannabis Industry Operators
On Tuesday – September 29, 2020 – Governor Gavin Newsom signed Assembly Bill 1525 into law. This bill will remove state penalties against banks that serve cannabis industry clients in California, the world’s largest legal cannabis market. In a signing statement declaring his support, the Governor highlighted the bill’s “potential to increase the provisions of financial services to the legal
Rogoway Law Group
September 30, 2020