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Back to Press Play with Madeleine Brand

Press Play with Madeleine Brand

Banking on Pot

The Obama administration has unveiled new guidelines that are supposed to help banks work with marijuana distributors in states where the drug is legal. Right now, banks don’t work with dispensaries out of fear of getting in trouble with the feds.

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By Madeleine Brand • May 12, 2014 • 1 min read

The Obama administration has unveiled new guidelines that are supposed to help banks work with marijuana distributors in states where the drug is legal. Right now, banks don’t work with dispensaries out of fear of getting in trouble with the feds. We talk about whether the new guidelines will have any effects on the medical marijuana industry in California.

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    Madeleine Brand

    Host, 'Press Play'

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    Andrew Walsh

    Too Beautiful to Live

  • KCRW placeholder

    Christian Bordal

    Managing Producer, Greater LA

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    Matt Holzman

    Producer, 'The Document'

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    Lisa

    Banker for medical marijuana dispensary

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    Michael Chernis

    Attorney

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Back to Press Play with Madeleine Brand