Skip to comments.Federal guidance on pot business leaves banks wary
Posted on 02/15/2014 1:48:31 PM PST by steve86
SEATTLE (AP) For marijuana dispensaries around the country, the days of doing business in cash driving around with bill-stuffed envelopes to pay the rent, or showing up at a state revenue office with $20,000 in paper bags for the tax man can't end soon enough.
(Excerpt) Read more at seattlepi.com ...
Photo of Colorado bulk product at link
Other non-AP photos:
It just gets easier and easier for them to ignore the law....
Could be the future the populace is kept SO HIGH they have no idea who is Vice Pres or Sec of State...
WAIT!!.... seems to be the problem currently..
OR... even cares............................
If I were to smoke it, I would grow my own.
The government is just salivating!!!$$$$$$$$$$$$$$$$$
Easier to confiscate from the bank. No messy SWAT raids.
Just so no other Washington residents get the wrong idea, personal grows are not legal here even after the stores open. It isn't feasible to tax indoor gardens, obviously.
I suppose this affects dispenseries nation-wide. There are a great number of them here in CA and a great deal of them regularily get robbed for their cash.
Didn’t the government also tell banks to make mortgage loans to non-qualifying individuals and then fined the banks for losing the money.
That is some potent looking bud dude...
I really wouldn’t know. Doesn’t look all that elegant as a plant, though. What do they do — crush and dry that stuff “flowers” at the top?
Yup, then smoke it. Inhale deeply and hold your breath for a while. Do this about 3 times with stuff this potent and it puts you in another state so to speak. I don’t do it any more.
Sobriety is best. Not to mention it just isn’t good to put any kind of smoke in your lungs.
When the feds closed the last bank where I worked (nothing wrong with it BTW) U.S. Marshalls and State Cops showed up to contain and detain the employees.
Body armor, select-fire weapons, the whole assault team thing.
Scary. Sounds like story deserves a thread in itself.
I would do that if there was a link available.
I also spent the next 90 days as an indentured servant to the FDIC. Had to show up and sign in when they told me and was not able to leave until "released".
It was a foreign, new and frightening experience for me.
If The Won says you can break the law why worry about the courts? /s
Everyone is afraid Obama will suddenly start imprisoning people for things he said were OK. They are still illegal.
Like giving illegal insurance policies to people because Obama said they could. Or laundering marijuana money, a violation of Federal law. Or possessing marijuana, again a Federal crime. Or helping aliens invade the country.
Of course, the next president could elect to enforce our laws. He isn’t restricted to crimes that occur during his terms.
My wife worked at Columbia Savings and Loan when the Feds seized it, early 90’s. The S&L had shuttered one of their two adjacent buildings, as a cost cutting measure, six months earlier. The day the Feds showed up, they came in heavy, like a ton of bricks - to the vacant building. It took a few minutes for them to realize their mistake. When they crossed the street to the actual headquarters, they encountered a bunch of gals on their cigarette break, barely able to contain their giggles. Too bad it was before cell phone video ;)