WA, CO governors seek bank access for marijuana industry

Staff writerOctober 2, 2013 

The governors of Washington and Colorado sent a letter Wednesday to federal bank regulators asking for "inter-agency guidance" that would give state-licensed marijuana businesses access to banks.

Voters legalized the drug in the two states, but the marijuana businesses that will open next year could be forced to accept and use only cash. Banks risk running afoul of federal authorities if they lend to the companies.

Here's the letter from Washington Gov. Jay Inslee and Colorado Gov. John Hickenlooper:

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