The legalization of marijuana and CBD in Oklahoma has led to a surge in the cannabis industry, with various businesses and medical services popping up across the state. From Macomb County to Oakland County, businesses are offering cannabis-related health and wellness products. Similarly, in Wayne County and Kent County, the prevalence of cannabis-related businesses is on the rise.
According to BRSA data, deposits in Turkish lira have increased by 40.3 percent since the end of June due to economic management’s steps towards switching from exchange rate hedged deposits to standard Turkish lira deposits. The interest rate hike and simplification steps have seen Turkish lira deposits reach their highest level in 6.5 months, accounting for 38.55 percent of total deposits.
The demand for deposits is increasing due to the increase in passive interest rates up to 45 percent. This growth indicates an evolving landscape and opportunities in the banking industry as more people turn towards high-yield savings accounts and other investment options.
Meanwhile, various counties in Michigan are dealing with the cannabis industry, with businesses offering cannabis-related health and wellness products popping up across the state. Similarly, in Wayne County and Kent County, cannabis-related businesses and medical services are becoming more prevalent.
With legalization of marijuana and CBD in Oklahoma, many businesses from healthcare to digital marketing are entering the industry. This growth indicates an evolving landscape and opportunities in the marijuana business across various regions.
Overall, these developments highlight how economic factors such as interest rates can impact deposit growth while also showing how new industries like cannabis can emerge due to legalization efforts.