As time goes on, it has become abundantly clear that accessible banking for those within the cannabis industry is sorely lacking. This month, DOPE Magazine spoke with an Oregon legislator, Representative Tobias Read, who’s working towards banking reform for cannabis businesses. Read has been a state representative since 2006, and was the champion behind the cannabis business banking legislation that passed through Oregon’s legislature in March. Rep. Read is also running for Oregon State Treasurer in 2016.
In this article Tobias talk about his goals if he’s elected to the office of Oregon State Treasurer in 2016. Tobias was also the chief sponsor of a bill that passed last month in Oregon designed to serve the needs of the state’s legitimate cannabis industry which is based entirely in cash.
The bill aims to make it safer for financial institutions to deal with lawful marijuana businesses.