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| Topic | US law question |
| The Popo 10/21/19 12:35:17 AM #8: | MaverickXeo posted... blablablax17 posted...Then it's legal and illegal at the same time. Yep. But on an interesting/stupid side to the legality is how to handle cash that is made legally from selling pot in a state that allows it. For example, a dispensary in Colorado, where it is legal. Most businesses take their profits from their business and deposit it at a bank. However, banks follow federal guidelines, and federally, marijuana is illegal. So accepting deposits from marijuana sales would ultimately lead to a form of money laundering (the act of cleaning illegal money by putting it in a bank and then withdrawing it - thats an oversimplified description, but its enough for this post) on a federal level. Which means that a lot of dispensaries are forced to keep larger amounts of cash on site, which in turn also increases the risk of robberies. https://www.economist.com/the-economist-explains/2018/01/22/why-marijuana-retailers-cant-use-banks --- Live action Hungry Hungry Hippos though, now that was a sport. ~Aeon Azuran ... Copied to Clipboard! |
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