9A Testing Hypothesis Part 2

Interview 1

Who: Medical Dispensary Owner,
Although this type of business shares a great deal in common with my own style of business they fall outside my opportunity need because medical dispensaries are considered and sanctioned as medical associated business hence many banks provide services to these types of businesses

What: The need here is significantly different from what I seek to offer, because many of these business already have a closely related relationship with insurance companies, and banker in fact, many bankers would provide subsidized loans at lower interest rates because they are aware of the lucrative position many of these dispensaries are in.

Why: The underlying cause of the differences between those within my boundaries and those outside it is the designation of those outside my need as medical businesses.

Interview 2

Who:  KNOX Cannabis Dispensary

This dispensary has found a method in which the fall outside my opportunity need because they haev a completely different need, these types of dispensaries can deposit money within banks that are not associated within federal reserve system and hence are not regulated by the federal reserve, they deposit their money offshore banks.

What: The difference in need here is perception, this dispensary can deposit money however, they can only do so offshore, they're issue is the political administration which has brought on different regulations.

Why: Thirst cannot be mistaken for hunger, and in this case the situation concerning these individuals is political lobbying not a new form of banking.

Interview 3

Who: Dr. Correia, owner of a farming plant for Cannabis and other medicinal herbs, she is a Osteopathic Practitioner, this particular type of business is owned by one person, and its revenue is deposited within her personal accounts. Although she does

What and Why: The need Mrs. Correia has is more concerning regulation although the underlying need is similar to those who are within my boundaries because they are individually owned businesses and such are not subject to the same level of regulation.

Interview 4

Who Pot Entrepreneurs, have run into many different issue when seeking to turn their business into a profitable market, these are individual growers that sell their, product to third party distributors.

What and Why: The majority of the issue many of these people face is similar to the Dr. Correia  situation  they're regulation impeding many individual growers to associate with banking institutions.

Interview 5

Who: Partner Headquarter Credit Union the first form of financial system that began banking with Marijuana industries,
What  and Why: the issue with  this system of financing deals not in its acceptance of marijuana revenue but in its lack of diversification once these funds have been accepted within the financing.

Inside the Boundaries

Who is in: Those dispensaries which currently house grown and sell marijuana to either recreational usage or other medical purposes but cannot establish a banking system with banks.
What the Need Is: The Marijuana Industry is in need of a Banking system that will allow dispensaries to deposit their money.
Why the Need Exist: Many banking institutions throughout the United States is regulated by the Federal Reserve System and acceptance of money is based off of federal regulation which is currently stating that any bank that acceptance money from Marijuana dispensaries could be charged with money laundering.

Outside the Boundaries
Who is in: Many Medical Dispensaries
What the Need Is: Many of these dispensaries are not necessarily under the same regulation which causes many  of these dispensaries to be able to deposit money but they can only do so with a limited number of institutions.
Why the Need Exists: Federal Reserve Banking Regulation is under Federal Law which states that Marijuana is class I drug which means any one looking accepting money from it is money laundering.