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Nevada to Try Limited Banking for Cash-Heavy Pot Industry

Pilot Project system will be similar to gift cards or digital wallet apps such as Venmo – the program would not include broader banking services like loans

Nevada to Try Limited Banking for Cash-Heavy Pot Industry

A new state law allowing Nevada to test out a limited marijuana banking system is expected to bring some relief to the state’s booming cannabis industry where dispensaries and other businesses are forced to deal in cash.

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