Cannabis Banking Working Group to meet in Oakland after Trump administration signals marijuana crackdown

OAKLAND, Calif. – State Treasurer John Chiang and the Cannabis Banking Working Group will meet Monday, March 27 in Oakland City Hall to discuss solutions that provide greater access to banking to California’s future $7 billion legal cannabis industry. The conflicts between state and federal laws have forced cannabis firms to deal almost entirely in…

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Calif. State Treasurer John Chiang: ‘Mad Men’ days over – women, minorities belong on corporate boards

The ol’ boys club of corporate leadership so poignantly portrayed by “Mad Men” should end at the same time as the TV show. In the place of corporate boards who undervalued women, LGBT people and minorities, there is now a growing sentiment that a diverse board of directors is essential for business. Times have changed….

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CalSTRS board updates Corporate Governance Principles on Corporate Board Diversity to include sexual orientation and gender identity

WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System’s (CalSTRS) Investment Committee has updated their Corporate Governance Principles to expand the definition of board diversity to include sexual orientation and gender identity. The CalSTRS Corporate Governance Principles outline the basis for how the fund implements governance initiatives with its portfolio companies. Today’s action aligns…

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