Cannabis banking reports record growth all the while the cannabis industry wants tax relief

Sonoma County’s North Bay Credit Union points to cannabis banking for record growth, yet the cannabis industry wants a tax break!

The North Bay Business Journal on Feb 8 2022, reported the North Bay Credit Union attributes its record growth to cannabis banking. So much so, they will be doling out special dividend back to them. Record deposits from Cannabis sales plus a dividend. All this money flowing in from pot, yet the cannabis industry claims they don’t have the money to pay their taxes!   They must be growing some good stuff to believe that twisted logic. They are demanding tax relief from both Sonoma County and the State of California or will go illegal. Just the kind of ethical businesses we want.