Colorado Moving to Keep Marijuana Transactions Safe from Feds
Colorado Democrat Rep. Ed Perlmutter is hoping to make the banking industry more pot-friendly by immunizing banks from prosecution by federal authorities if they handle money from marijuana businesses operating in compliance with their state laws. Ironically, while the marijuana market has been slowly making its way from the shadows into the mainstream, one aspect of selling pot remains the same as always — even in pot-friendly havens like Colorado, it’s a still mostly a cash-only business. Because marijuana is [...]