By NCIA
|
January 6, 2016

Denver Business Journal: Judge dismisses suit by credit union seeking to serve pot businesses


The National Cannabis Industry Association said Tuesday’s ruling sends a message that Congress must act.

“There’s no shortcut, there’s no Band-Aid, there’s no work around to fix this industry-wide,” said Aaron Smith, executive director of the National Cannabis Industry Association.

“Forcing cannabis businesses to operate without banking access is a crisis, affecting public safety, law-abiding businesses, and the state officials in charge of regulating them,” he said.

Read more: http://www.bizjournals.com/denver/blog/finance_etc/2016/01/judge-dismisses-suit-by-credit-union-seeking-to.html

American Banker: Efforts to Bank Pot Businesses Suffer Blow from Ruling

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