420Patients.com is accepting qualified medical marijuana patients and caregivers to join our network. We value every registered member and we hope to serve you in Arizona. This article brought to you by 420 community friends mmjbusinessdaily.com
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