US WA: Editorial: Provide Banking Access For Marijuana Industry

Seattle Times, 31 Jan 2013 – To get a handle on the strange new reality of Washington’s legal marijuana market, consider what could happen when state-licensed pot stores open in December and none of the businesses can get a bank account. That means no fiscal paper trail for state tax auditors and regulators to follow. No commercial loans or credit-card processing. And piles and piles of cash, in a startup industry estimated at $2 billion.