MedicalMarijuana Dispensaries Run Into Trouble at the Bank


(Source: Jonathan Martin The Seattle Times (MCT) — Conscious Care Cooperative has a solid footing in a growing industry, with three storefronts in Seattle and a loyal customer base. But for much of the last two years, the nonprofit medical-marijuana provider has lacked one business basic: steady access to a bank.

The cooperative has bounced among five financial institutions, and four others rejected the cooperative outright, said CCC’s president, Nate Chrysler. In

...read more at http://www.loansafe.org/medical-marijuana-dispensaries-run-into-trouble-at-the-bank

by