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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Galloway: This Is the End of Mayers' Reign at Yahoo
34:37 - NYU Stern School of Business Professor Scott Galloway examines Verizon's $4.83 billion purchase of Yahoo's web business and the tenure of Yahoo Chief Executive Officer Marissa Mayer. He speaks with Bloomberg's Alix Steel on "Bloomberg ‹GO›." (Source: Bloomberg)