Washington State Credit Union Agrees to do Business with Recreational Cannabis Outlets

Salal Credit Union has announced that they’ll do business with recreational cannabis outlets in Washington State, allowing them to bank, take out loans and take part in other financial services. Salal is the secondPrint credit union, following Numerica Credit Union, to announce that they’ll work with those intending to distribute, process or cultivate cannabis for recreational purposes.

The announcement was made by representative Bob Schweigert at the Marijuana Business Association’s Canna Business & The Law seminar, which took place yesterday in Seattle, during a panel called Managing Your Marijuana Business Money.

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Bellevue, Washington Votes to Allow Legal Cannabis Sales

The city of Bellevue, the 5th largest city in Washington, has voted too allow sales of recreational cannabis through state-licensed stores whichprettybuds are expected to begin opening by the end of the year.

On Tuesday the City Council voted 5 to 2 to reject a proposed moratorium which would have placed a ban on recreational cannabis retail outlets, four of which were approved to be in Bellevue by the state’s Liquor Control Board.

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