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user-inactivated · 3969 days ago · link · · parent · post: Banks Say No to Marijuana Money, Legal or Not
I think I don't understand something. Why not be the one bank in Seattle that does accept "marijuana money"? Talk about profit, and you get to be on the right side of history. There's also international, although I'm sure it's more trouble than it's worth at the moment.
TheAldGarde · 3969 days ago · link ·
They're banks. They've crunched the numbers. Their profits are maximized.
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user-inactivated · 3969 days ago · link ·
Their profits are maximized.
Except by definition they aren't at the moment, because government regulations are impeding the market. I guess no one wants to be the bank that takes 'seizure of deposits related to marijuana' to the Supreme Court. Give it a couple years.