• QuickPress - Valuation/Appraisal

    Cannabis Conundrum for Banks

    Currently, 20 states and the District of Columbia allow some type of legal marijuana use.  On January 1st of this year, supply shops all across Colorado began selling to the general public (age 21 and over), in accordance with a voter referendum.  Medicinal use bills have been filed or are expected to be introduced in eight additional states, while full legalization bills like that of Colorado have been filed in Vermont and New Hampshire.  California has organized a committee to review how it can institute and oversee its own legal marijuana market.  The reason states are getting into the marijuana…