Tag Archives: banking

Legislature Approves Pot and Tax Relief Bills Before Ending Session

MARIJUANA-300Banking for marijuana businesses in Colorado passed during the last day of legislative session, and lawmakers also approved property tax forgiveness for disaster victims.  The banking plan would create the world’s first financial system for the pot industry.  It will have co-ops acting as uninsured Continue reading

Marijuana Banking Bill Fails

MARIJUANA-300Yesterday, Colorado state legislators debated a last-minute bill to give marijuana businesses a place to do their banking.  But the plan to set up the world’s first financial system for marijuana survived less than 24 hours before state lawmakers changed course and shelved the idea.  The measure was introduced Continue reading