Pot's Growing Problem: Where to Keep All the Cash?
Feb. 10 (Bloomberg) -- Marijuana for medicinal or recreational uses is now legal in 20 states and the District of Columbia but it is still illegal in the eyes of the federal government. Banks, which are overseen by federal regulators, risk losing their charters if they do business with marijuana sellers -- even if those sellers are licensed by the state. The legal limbo is forcing pot dispensaries, growers and store owners to run cash-only businesses and locking them out of legitimate bank accounts and loans. Bloomberg's Trish Regan takes a look at this growing problem. (Source: Bloomberg)
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China's Vision: What to Expect From 6th Party Plenum
39:25 - Tim Summers, senior consulting fellow at Chatham House, discusses China's 6th party plenum and what could come from the closed-door meetings. He speaks to Bloomberg's Ramy Incocencio and Yvonne Man on "Bloomberg Daybreak: Asia." (Source: Bloomberg)