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Old 03-11-2015, 01:30 PM #11
Buckowens
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Yeah, lets post up in a public forum, which banks are taking cannabiz cash. Seems like a great idea....
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Old 03-11-2015, 02:34 PM #12
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it's been talked about on the evening news, why would it be a problem here???
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Old 03-11-2015, 02:48 PM #13
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HSBC is surely the one to use. They have no problems laundering drugs money for the Colombian cartels or avoiding leaving a paper trail to loan money to tax avoiding criminals.
Either that or just be very rich and the normal rules won't apply.
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Old 03-11-2015, 04:25 PM #14
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Originally Posted by Buckowens View Post
Yeah, lets post up in a public forum, which banks are taking cannabiz cash. Seems like a great idea....
Of course it is, because they're not doing anything illegal. That's the whole point. We want to normalize this industry, and that means using banks like normal humans.

I haven't updated this thread with more banks mostly because I haven't had the time to sit down and make a list, because I'd have to go through my past notes and that would take few hours.

One example of a bank I can add that works with the medical industry in Nevada is First Security Bank of Nevada.
https://mmjbusinessdaily.com/bank-ceo...abis-industry/
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Old 03-11-2015, 04:30 PM #15
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Originally Posted by Payaso View Post
Jhhnn is correct, locally the credit union is way more cool and accepting of all biz...

Tricky part comes with the credit cards.
You mean to get a CC for your company? Yup.

You may like this article:
https://mmjbusinessdaily.com/bank-ceo...abis-industry/
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Old 03-11-2015, 04:33 PM #16
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Originally Posted by Baron Greenback View Post
HSBC is surely the one to use. They have no problems laundering drugs money for the Colombian cartels or avoiding leaving a paper trail to loan money to tax avoiding criminals.
Either that or just be very rich and the normal rules won't apply.
Just watned to point out to those reading that aren't aware, the above is sarcasm. Don't use HSBC unless you confirm with them they are okay with whatever your business model is, in terms of the cannabis industry (e.g. producer vs. ancillary).
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Old 03-20-2015, 06:59 PM #17
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I've updated the list of "good" banks to include MBank. And I am the only one that thinks it's very funny their name is "MBank" and they're serving the marijuana industry?!

Sorry CO, but it looks like MBank won't serve you at this time:

https://www.bizjournals.com/portland/...a-banking.html
https://www.denverpost.com/business/c...aking-cannabis
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Old 03-21-2015, 12:05 AM #18
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Just got confirmation from my friend that yes, MBank will serve the new rec. industry businesses in OR and WA.

The wall is coming down, folks! (I will try to find time next week to search for my list of other banks that have said they're interested in serving rec. as well.)

The second post has been updated with this new info.

Last edited by Beta Test Team; 03-21-2015 at 12:50 AM..
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Old 03-21-2015, 12:46 AM #20
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Another update, this time for you lonely folks in CO:

Fourth Corner Credit Union
https://www.thefourthcornercreditunion.com/

That is a credit union that's being created solely to serve the cannabis industry in CO (I assume medical and rec.). They won't likely get started until late in 2015 or 2016.
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