How many bankers do you know? They are a conservative bunch. And I don't mean as regards to not liking pot smokers, I just mean as what they need to do to manage risk.
The national and internationals won't touch it. So then it becomes a matter of the locals. Or becomes a matter of the Wall Streeters creating local banks just to serve the pot industry.
And then it becomes a matter of the nationals refusing to do business with them. Because a few anti cannabis senators threatened them.
I think it will come down to a few select check cashing companies handling the financial transactions with a very large percentage cut.
They are used to the risk and account for it and the large banks deal with them all the time.
The national and internationals won't touch it. So then it becomes a matter of the locals. Or becomes a matter of the Wall Streeters creating local banks just to serve the pot industry.
And then it becomes a matter of the nationals refusing to do business with them. Because a few anti cannabis senators threatened them.
I think it will come down to a few select check cashing companies handling the financial transactions with a very large percentage cut.
They are used to the risk and account for it and the large banks deal with them all the time.