Hunt & Associates P.C.

May 25, 2016

Financial Institutions Available to the Marijuana Industry in Oregon and Washington

The private cultivation and sale of marijuana has become legal under state and local law in Washington and Oregon but remains illegal under federal law.  Most conventional banks and financial institutions are consequently unwilling to offer their services to businesses engaged in the cultivation, distribution and retail sale of marijuana and related products in Washington and Oregon.

We often get calls asking where marijuana related businesses can establish financial accounts and obtain traditional bank services … Read more