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420 with CNW — Amid Congressional Inaction, NY Governor Enacts Measure Easing Cannabis Banking

Last week, Governor Kathy Hochul of New York signed into law a measure that eases the process through which financial institutions can work with legal marijuana businesses. The bill was sponsored by Assembly member Crystal Peoples-Stokes and Senator Jeremy Cooney.

It permits the Office of Cannabis Management to offer information about legal cannabis business applicants or licensees to…

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About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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