Zane Gilmer

Zane Gilmer

Perkins Coie

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Colorado’s Marijuana Financial System Unlikely To Solve Pot Banking Dilemma

In January 2014, Colorado became the first state in the Union to permit the sale of recreational marijuana. On May 7, 2014, Colorado made history again by passing the Marijuana Financial Services Cooperatives Act (the...more

5/14/2014 - Banks Marijuana Marijuana Cultivation

Financial Industry Should Remain Cautious Despite Marijuana Banking Guidance

The sale of medical or recreational marijuana is legal in at least twenty states and the District of Columbia. The sale of the drug generates a lot of cash. But banks have been reluctant to permit marijuana-related businesses...more

2/28/2014 - Bank Secrecy Act Banks Marijuana

The Legalized Marijuana Industry’s Evolution Is An Exercise In Banking Compliance

On Jan. 1, recreational marijuana officially went on sale in Colorado, marking the first state in the Union to permit the recreational sale and use of marijuana. For the last year — following the passage of Amendment 64,...more

2/11/2014 - Bank Secrecy Act Banks Compliance Decriminalization of Marijuana Marijuana

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