CAL COAST NEWS: Opening the banking sector for cannabis-based businesses is necessary, but a government-owned and operated bank in California will only invite more problems and prove disastrous to California’s residents and taxpayers.
NOQ: “For a state that is already plagued with so many economic problems, despite its recent budget surplus, the idea of the state running its own bank should worry every person in California,” said Yaël Ossowski, the Deputy Director for the Consumer Choice Center in Washington, D.C.
CALIFORNIA POLITICAL REVIEW: Should the State of California have a state-owned bank, so the marijuana industry has a place to do its banking? Part of the problem is that a bank is not a repository for money, alone. To keep the bank open, it will have to loan money. That means a government bank will be […]
THE HILL: “Opening the banking sector for cannabis-based businesses is necessary, but a government-owned and operated bank in California will only invite more problems and prove disastrous for California’s residents and taxpayers,” said Yael Ossowski, deputy director of the Consumer Choice Center.
WASHINGTON FREE BEACON: The idea drew an immediate rebuke from a major consumer watchdog group, the Consumer Choice Center, who warned it could lead to scandal and mismanagement.
THE SACRAMENTO BEE: “For a state that is already plagued with so many economic problems, despite its recent budget surplus, the idea of the state running its own bank should worry every person in California,” said Yaël Ossowski, the Deputy Director for the Consumer Choice Center in Washington, D.C.
CONTACT: Yaël Ossowski Deputy Director Consumer Choice Center Yael@consumerchoicecenter.org California’s proposed public pot bank is a disaster waiting to happen WASHINGTON, D.C. – On Tuesday, California State Treasurer John Chiang and Attorney General Xavier Becerra announced an intention to form a public bank for the purpose of providing services for the state’s burgeoning cannabis industry. […]
CONTACT: David Clement North American Affairs Manager Consumer Choice Center David@consumerchoicecenter.org 29. January 2018 Ontario’s Terrible Approach To Legal Cannabis Evident In Revenue Forecast TORONTO, ON – Last week, Ontario’s Minister of Finance Charles Sousa stated that the province does not expect to have net revenue from legal cannabis sales. Minister Sousa explained that set up costs will […]
P.E.I. GUARDIAN: A consumer advocacy group says P.E.I. has not planned enough recreational marijuana sales outlets to deter people away from buying the product illegally.
OTTAWA CITIZEN: A consumer choice advocacy group has condemned the Manitoba government’s plan to ban homegrown marijuana when it becomes legal in the country next year.
