Tuesday, December 9, 2014

Colorado OKs Marijuana Credit Union

Colorado Cannabis shops have too much money...

OK... Now this was a article that blew my mind. Not that I thought the cash flow was odd. But that the banks were refusing to work with or do business with any of the cannabis shops.
What a joke in my personal opinion!
This sort of judgement is ridiculous. Personally since I am a open minded individual I can see how the banks liability would make them feel uneasy. Due to the Federal laws. However, I think that its a huge market for the banks to receive business! Perhaps some sort of contract with the bank to ease their minds??? What do you think? Should all banks be open to working with the explosive industry?? Would it be bad business for banks? Or do you think it is beneficial for both parties???

No comments: