Arizona has always been known for its five Cs: Cotton, copper, citrus, climate, and cattle.
2021 adds another C: Cannabis.
You’d never know it, but inside a non-descript building in Casa Grande is a multi-million dollar state-of-the-art pot-growing operation.
Even with high-profit margins, the stakes continue to rise. The distribution of marijuana is legal in Arizona, but pot is still considered a Schedule One drug at the federal level.
This federal stance on marijuana makes it hard for businesses to find banks that will work with them.
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