Looks like the Obama Administration is getting even greener! President Obama has given the banking industry the green light when it comes to doing business with the greenest industry of ‘em all… the marijuana industry!
Banks can now provide financial support to dealers doing business legally in 20 the states recreational and/or medical marijuana is now legal. So, for the first time legal distributors will be able to get loans, set up checking and savings accounts, and do business just like any other, further legitimizing this hearbal industry.
Hey, you don’t have to support the marijuana industry to appreciate it’s economic impact.