Banking remains a thorny issue for legal marijuana businesses, but regulators in Washington state are trying to make it easier for financial institutions to track their pot-related customers.
In the last few days, the state’s Liquor Control Board has started posting the sales activity of licensed marijuana growers, sellers and processors online – along with any warnings or fines issued to businesses caught out of compliance. The data show that two of state’s top-selling pot shops are in the southwest Washington city of Vancouver, just across the Columbia River from Portland, Oregon.
The idea behind posting the information online is to make it easy for banks or credit unions to discover red flags that might indicate illegal activity, officials said.
