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    Posts Tagged ‘dispensary’

    Banking could be marijuana’s death knell (access required)

    by Monica Mendoza Published: November 18,2011

    Tags: banking, dispensary, medical marijuana

    Colorado Springs medical marijuana business owners are desperately writing letters to every bank in the country asking if they will accept their business. About 150 dispensary owners across the state are searching for a bank that will take their accounts, said Tanya Garduno, president of the Colorado Springs Medical Cannabis Council and owner of Medical [...] [...]

    Pot shops forced to stash their cash (access required)

    by Monica Mendoza Published: September 2,2011

    Tags: banking, dispensary, medical marijuana

    Colorado Springs marijuana dispensary owners might resort to stuffing their money in mattresses if no changes are made to federal regulations that bar banks from doing business with them. In recent weeks, dispensaries across the state received notice from Colorado Springs State Bank that they have until Sept. 30 to clear out their accounts. The [...] [...]

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