Inslee calls on feds to allow banks to serve Washington’s marijuana industry

Gov. Jay Inslee and Attorney General Bob Ferguson are seeking financial help for Washington's marijuana businesses, which have no access to banking. In written testimony to the Senate Judiciary Committee, Inslee and Ferguson said, “Business owners attempting to comply with Initiative 502 are having great difficulty accessing banking services, because federal law can impose regulatory and criminal penalties on banks that accept money they know to be proceeds from drug sales, even if those sales…