Banking for pot shops rejected in Colorado
DENVER (AP) — Medical marijuana is legal in 17 states, but the industry has a decidedly black-market aspect — it's mostly cash-only.
Colorado lawmakers considered a bill setting up a special cooperative banking institution.
But the first-of-its-kind measure was defeated Tuesday. Lawmakers from both parties worried that because marijuana is illegal under federal law, states can't step in to help dispensa...
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