Colorado banks quietly offer services to marijuana industry

Journal tiny

Local coronavirus coverage

Colorado banks quietly offer services to marijuana industry

But guidance from Treasury network doesn’t shield banks from criminal liability
In this 2019 photo, Oswaldo Barrientos picks dead leaves from marijuana plants at the grow facility where he works near downtown Denver. Colorado banking industry officials say as many as 35 banks and credit unions are quietly offering financial services to legal marijuana businesses in the state even as a bill that would make it easier to allow them to do business with the industry works its way through Congress.
In this 2015 photo, jars of marijuana buds sit on the counter at the Denver Kush Club in north Denver.

Colorado banks quietly offer services to marijuana industry

In this 2019 photo, Oswaldo Barrientos picks dead leaves from marijuana plants at the grow facility where he works near downtown Denver. Colorado banking industry officials say as many as 35 banks and credit unions are quietly offering financial services to legal marijuana businesses in the state even as a bill that would make it easier to allow them to do business with the industry works its way through Congress.
In this 2015 photo, jars of marijuana buds sit on the counter at the Denver Kush Club in north Denver.
click here to add your event
Area Events