New York Post quoted Hanan Kolko in an article titled “Stoners Trade Tie-Dye T-Shirts for Wall Street Suits.” The article, published October 1st, discusses the national legal marijuana market and how its worth is going to leap to more than $10 billion.
The article stated: “The other problem with the industry: Banks are still hesitant to handle money from pot-related businesses, even though New York’s Department of Justice gave them the go-ahead last year, says Hanan Kolko, a Manhattan labor lawyer who has been working with legal issues related to New York’s medical marijuana law.
Who would even want to get involved in such a high-risk field, where you sometimes have to deal in all-cash?“People who are entering this business have a sense that society is shifting in their direction,” Kolko says. “So they want to be the first movers. They want to get in early.””
The full article can be read at New York Post.