WeedWorthy News Network

Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network. Join at https://www.WeedLife.com
1 minute reading time (122 words)

In a first, Mass. financial institution to offer banking for recreational marijuana - Cannabis News

As the state works through the final steps of launching the recreational cannabis market, the industry will now have a financial institution in the state to put all that cash.

The Cannabis Control Commission, which oversees the adult use cannabis industry, confirmed reports that Gardner Federal Credit Union has agreed to bank with recreational marijuana companies.

“The decision by GFA Federal Credit Union and Safe Harbor of Massachusetts to support legal cannabis businesses will make for a more stable, adult-use industry with increased public safety for everyone in the commonwealth, which remains the commission’s top priority,” said Cannabis Control Commission Chairman Steven J. Hoffman in an emailed statement.

Click here to read the complete article

Jessica Bartlett ~ Boston Business Journal ~

×
Stay Informed

When you subscribe to the blog, we will send you an e-mail when there are new updates on the site so you wouldn't miss them.

Ohio: Hemp manufacturing facility planned for Clev...
Most Doctors, Nurses And Pharmacists Support Legal...

Related Posts


WeedLife.com