STATE OF CA WANTS TO BE YOUR POT BANKER

California legislators are considering a tax-payer backed bank for marijuana profits.  

Legal pot sales started the first day of January, but the state is lacking a designated place to put the billions of dollars that are coming in.  

The State Treasurer says officials will be looking at plans to explore a public bank that doesn't fall under control of the federal government.  

Commercial banks, which are regulated by the federal government, won't handle pot proceeds of any kind. 

Armstrong and Getty

Armstrong and Getty

Want to know more about Armstrong and Getty? Get their official bio, social pages &more on iHeartRadio! Read more

title

Content Goes Here