US federal law makes it impossible for a newly regulated cannabis dispensary to open a bank account.
As you’ve read over the last couple of weeks on this page, Colorado dagga sales we’re over $5m in the 1st week of legalisation.
That’s a lot of cash to be transporting to your bank……..
Banks Say No to Marijuana Money, Legal or Not
Banks across the country are reluctant to provide services to marijuana businesses, fearing that federal regulators and law enforcement authorities might punish them. …read more