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Public banking goes to pot

Jeremy Lybarger

April 19, 2017 |

High Country News |

Text |

1500-3000 Words

Response Location: United States, Sebastopol, California

California looks to the Bank of North Dakota as a model to launch a public bank for the cannabis industry. While the Bank of North Dakota is the only public bank in the country thus far, California's cannabis industry hopes to mirror this public financing method to reduce marijuana-related violence and theft throughout the state.

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