Cannabis Cash
Please someone!! tell this guys about cryptocurrencies!!!!
Colorado's cannabis industry will do over $100 million in business before the end of the year... and it's all going to be in cash. Without access to banks, owners of legal pot dispensaries have to figure out something to do with all that money. MPS International is the first armored truck company to provide security for legal marijuana dispensaries. Video by: Dan Przygoda, Victoria Blackburne-Daniell
Protecting Marijuana's $2.7 Billion Cash Industry When Banks Won't. Most banks are still afraid to take money from marijuana-related businesses because of the severe penalties attached to money laundering charges. So while Congress and the Obama administration took steps to legalize banking for marijuana-related businesses last year by ostensibly shielding them from money laundering prosecution if they were to do business with dispensaries operating within state laws, many financial institutions have not forgotten the lessons of 2011, when an administration that said it wouldn't raid state-compliant medical marijuana dispensaries did just that.
How marijuana businesses handle piles of cash.
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