Establishes State bank for handling of marijuana-related funds.

This bill creates a state-owned bank to provide financial services to New Jersey's legally operating marijuana businesses. It addresses the challenge these businesses face accessing traditional banks due to federal prohibition, by establishing a state institution that can accept deposits and offer loans. The bank will operate under rules similar to state-chartered banks, with a 13-member board including the State Treasurer and members with expertise in finance, public administration, and consumer advocacy. It directly affects licensed marijuana manufacturers, sellers, and distributors complying with New Jersey law, aiming to reduce cash handling risks and improve business efficiency.