Can Financial Services and Pot Work Together? | Audio

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Heather Fennell, House of Representatives, North Carolina


Michael Elliott, Marijuana Industry Group, Colorado

Megan Michiels, American Bankers Association, Washington, D.C.


Colorado and Washington passed initiatives allowing for the recreational use of marijuana. Twenty-three states and the District of Columbia allow medical marijuana. These businesses are struggling to find banks and credit unions willing and able to work with them despite recent federal guidance for financial institutions. Hear about efforts to help the industry move beyond the cash only model. 

This session was recorded Dec. 11, 2014

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