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Pot Inc. may finally be inching closer to the US bank access it craves

Pot
New York Post Fews App News Provider
Fews App Post Time 9h ago

The barriers that have long blocked Pot Inc. from access to banking services may soon crumble, setting the stage for exponential growth in the $50 billion cannabis business, On The Money has learned. At this point, the key barrier is GOP opposition — mainly in the US Senate — to legislation known as the SAFER Banking Act that would create a “safe harbor” for marijuana, meaning big banks can finally lend money to any business that touches weed.

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