Sunday the Spokesman Review jumps back into pot coverage, specifically how interested statewide and regional banks are in doing business with the I-502 industry that is being created after state voters legalized pot in Washington.

The story finds, a bit surprisingly, that all the large banks in Washington still don't like the idea that they set up accounts for licensed pot businesses. They said nothing has changed despite  recent announcement of federal guidelines for financial institutions to operate in that environment safely.

Also worth noting:  a West side legislator failed again in trying to convince the state to create a state bank expressly for the legal-pot trade. He said, "Unless we give the businesses a way to do banking here, the cash-only operation will be a dangerous way to go. It will be a magnet for organized crime," said Sen. Bob Hasegawa, D-Beacon Hill.

Check the Sunday SR for the full story.

 

 

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