Oregonians to banks: Cannabis clients are OK

How can banks in Oregon improve their reputation? Serve cannabis clients. That’s the finding of a survey by Portland-based LT Public Relations and DHM Research that suggests financial institutions could better their public standing by providing financial services to marijuana businesses. Most banks in Oregon and nationwide reject cannabis clients, arguing that it will hurt their reputation to offer services to businesses that break federal law. Serving marijuana companies also could land banks and other financial institutions in legal hot water with regulators. But 87% of the 800 Oregonians surveyed said they wouldn’t have a negative view ... Oregonians to banks: Cannabis clients are OK is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs