CEOs split on encouraging marijuana sales in Florida

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CEOs were asked: Gov. DeSantis has proposed liberalizing marijuana laws in the state. Should Florida be encouraging marijuana sales? Why or why not?

Our company has developed a cashless business banking solution that will overcome the adverse regulatory banking problems. We have spoken to representatives within our state to introduce our Kiosk Dispensary with cashless sales, maintaining/fulfilling the BSA-AML-KYC compliance regulations that does not allow sellers, growers and banks to conduct business with one another. Yes, the state of Florida should allow recreational and medical marijuana sales and tax them accordingly. If you look at the Colorado Plan, that state in its first year realized more than $1.6B in tax revenues. They still have deep issues with prohibition of banking. Florida, could …

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