DOLLARS AND SENSE: SEATTLE’S MARIJUANA ‘N MONEY SYMPOSIUM
DOLLARS AND SENSE: SEATTLE’S MARIJUANA ‘N MONEY SYMPOSIUM
POSTED BY BLAIR HOLT ON NOVEMBER 27, 2014
There can be no doubt that the nascent marijuana industry has had an electrifying effect on the country: many have pulled up stakes to live cannabis-friendly states, dropped their cash into start-up pot ventures, and pushed through the minutiae of restrictive state laws, hoping that – once though the legal morass – they might be beneficiaries of the economic boon heralded by Colorado and Washington.
But even with almost half the United States in some phase of marijuana legalization – and more pending for ballot initiatives in 2016 – intractable federal laws remain a legal quagmire for banks and other financial institutions desiring to partner with Big Pot.
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