{"id":20721,"date":"2017-10-31T02:30:11","date_gmt":"2017-10-31T10:30:11","guid":{"rendered":"http:\/\/cannabiscultivatornews.com\/home\/index.php\/2017\/10\/31\/public-banks-offer-hope-for-marijuana-businesses-but-will-they-arrive-in-time\/"},"modified":"2017-10-31T12:56:37","modified_gmt":"2017-10-31T20:56:37","slug":"public-banks-offer-hope-for-marijuana-businesses-but-will-they-arrive-in-time","status":"publish","type":"post","link":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2017\/10\/31\/public-banks-offer-hope-for-marijuana-businesses-but-will-they-arrive-in-time\/","title":{"rendered":"Public banks offer hope for marijuana businesses, but will they arrive in time?"},"content":{"rendered":"<\/p>\n<p><strong>By Omar Sacirbey<\/strong><\/p>\n<p>With most private institutions and credit unions still avoiding the legal cannabis industry, many marijuana businesses remain without bank accounts.<\/p>\n<p>But one idea is gaining acceptance among MJ entrepreneurs and a growing number of cities and states: the formation of public banks to serve the cannabis industry.<span id=\"more-77746\" \/><\/p>\n<p>The problem? It\u2019ll be a while before any open their doors.<\/p>\n<p>Cities that are looking into creating such financial institutions include Los Angeles, Oakland and Santa Rosa in California; Philadelphia, and Santa Fe, New Mexico. The states of Arizona and Maryland are also entertaining the idea.<\/p>\n<p>\u201cIt\u2019s important for<\/p>\n<p> &#8230;<\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/mjbizdaily.com\/public-banks-offer-hope-marijuana-businesses-will-arrive-time\/\">Public banks offer hope for marijuana businesses, but will they arrive in time?<\/a> is a post from: <a href=\"http:\/\/mjbizdaily.com\">Marijuana Business Daily: Financial, Legal &amp; Cannabusiness news for cannabis entrepreneurs<\/a><\/p>\n<p>&#013;<br \/>\n&#013;<br \/>\nRead More: <a href=\"https:\/\/mjbizdaily.com\/public-banks-offer-hope-marijuana-businesses-will-arrive-time\/\" target=\"_blank\">Public banks offer hope for marijuana businesses, but will they arrive in time?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Omar Sacirbey With most private institutions and credit unions still avoiding the legal cannabis industry, many marijuana businesses remain without bank accounts. But one idea is gaining acceptance among MJ entrepreneurs and a growing number of cities and states: the formation of public banks to serve the cannabis industry.<span class=\"more-link\"><a href=\"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2017\/10\/31\/public-banks-offer-hope-for-marijuana-businesses-but-will-they-arrive-in-time\/\">Continue Reading<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[28,14,2197,18,463,857,29,1034,614,2198,19],"tags":[],"_links":{"self":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/20721"}],"collection":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/comments?post=20721"}],"version-history":[{"count":1,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/20721\/revisions"}],"predecessor-version":[{"id":20722,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/20721\/revisions\/20722"}],"wp:attachment":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/media?parent=20721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/categories?post=20721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/tags?post=20721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}