With the help of his father, mother and little sister, Alex Mason is leading the charge to get cannabis businesses and charities much-needed access to banking
When Alex Mason, a gregarious 25-year-old South Carolina native, moved to Colorado in 2012 to pursue advanced wilderness EMT certification and a passion for mountain climbing, he never imagined that he would end up founding the world’s first financial institution dedicated to the legal cannabis industry. That institution, the Fourth Corner Credit Union, received a green light from state banking regulators in November, and is set to open in downtown Denver by mid-January.
“I always saw myself as an outdoorsman who would one day climb the highest mountain,” Mason says. “Maybe that mountain was trying to figure out how to help the legal cannabis industry get banking services.”
But Mason couldn’t scale that peak alone. So he recruited his family – father Mark, mother Rhoda and sister Delaney – to assist with his budding idea.