Paul Weinstein Quoted in The Sacramento Bee

Posted in Center for Advanced Governmental Studies, Home page featured, Public Management

Paul Weinstein

Paul Weinstein

Paul Weinstein, Director of the MA in Public Management program, was quoted in the article, Marijuana is a billion-dollar industry and bankers want in on it, survey says.

Paul Weinstein, said that he was both “sort of surprised and not surprised” by the findings.

“Bankers are a fairly conservative lot,” he said. “But at the same time they’re businesspersons and pragmatists.”

Weinstein said bankers can see that states are moving, gradually, toward a more marijuana friendly position — California Attorney General Xavier Becerra and 37 of his counterparts recently wrote a letter to Congress urging them to allow cannabis companies to bank.

View the whole piece here.