More from KUOW

Marijuana: The Path To Legalization In Washington State

Washington became one of the first states to legalize marijuana for recreational use in 2012. But there are a lot of challenges ahead: the state must set up a licensing system for marijuana growers and sellers, the federal government may mount a challenge, the need to set a new limit on amount of marijuana in the bloodstream for safe driving. And medical marijuana is still in the picture.Over the next several months we will be exploring the issue and tracking the impact of I-502.

In Washington And Colorado, Bankers Are Entering The Marijuana Industry

KUOW | By Ross Reynolds

Published May 9, 2014 at 1:34 PM AKDT

Legal marijuana sales exceeded $1.3 billion in Washington state in fiscal year 2017.

Posey Gruener speaks with Russ Rosendal, CEO of Salal Credit Union, about why they decided to offer banking services to licensed marijuana growers in Washington state.

And, Ross Reynolds speaks with AP reporter Kristen Wyatt about Colorado lawmakers' approval of a financial system designed expressly for the Marijuana industry.