Las Vegas Sun: Marijuana businesses struggle to find willing banking suitors
Making a bank deposit for marijuana store owners in Colorado could involve this complex routine: Some spray Febreze on cash stacks to mask the marijuana smell and others deposit money orders to avoid federal suspicious activity reports from depositing too much cash, dispensary owners there say. Some of Colorado’s nearly 1,000 licensed dispensaries operate under […]
Diego Pellicer on Las Vegas Recreational Market: It Takes Time
“In the first weeks of recreational sales in Colorado in 2014, dispensaries watched their shelves empty and marijuana prices skyrocketed as vendors failed to keep up with consumer demand,” said Neil Demers of Denver’s Diego Pellicer dispensary. “It took eight to 10 months for supply to catch up and the market to level out,” he […]
