Fed of­fi­cial, pot busi­nesses meet

Los Angeles Times - - BUSINESS -

A fed­eral bank­ing of­fi­cial took the un­prece­dented step of meet­ing with mar­i­juana busi­ness own­ers. But Kansas City Fed­eral Re­serve Pres­i­dent Esther Ge­orge gave no in­di­ca­tion that the in­dus­try is any closer to get­ting more ac­cess to bank­ing ser­vices.

The Den­ver meet­ing was ar­ranged by two Colorado con­gress­men who have tried un­suc­cess­fully to pass laws ex­pand­ing bank­ing ac­cess for the pot in­dus­try. Also join­ing the closed-door meet­ing were Colorado bankers. It was thought to be the first meet­ing of a Fed­eral Re­serve pres­i­dent with pot busi­nesses.

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