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)
Most Recent Videos
At Least 22 Killed in Suicide Bombing at Pop Concert
21:51 - At least 22 people were killed in a suicide bombing at a pop concert packed with children in the northern English city of Manchester, in the worst terror incident on British soil since the London bombings of 2005. (Source: Bloomberg)