Bank sign on building

Banking issues 
still plaguing 
pot industry

Many pot-related businesses need to be creative when it comes to banking.

When Kale Lacroux and his business partner announced in June that they were applying for a medical marijuana retail license for property they have owned in downtown Basalt for a decade, it seemed innocuous enough.

After all, medical marijuana has been legal in Colorado since 2010, when voters approved Amendment 20 by a 56 percent to 46 percent margin.

In 2012, state voters passed Amendment 64, which legalized recreational cannabis, by almost the same margin.

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