Marijuana Banking Regulations on the Way
Attorney General Eric Holder says the Obama administration is planning to roll out regulations soon that would allow banks to do business with legal marijuana sellers. During an appearance Thursday at the University of Virginia, Holder said it is important from a law enforcement perspective to enable places that sell marijuana to have access to the banking system so they don’t have large amounts of cash lying around. Currently, processing money from marijuana sales puts federally insured banks at risk [...]
