• main-page-ad

    this is where an ad will be
    • The Cry of Medical Marijuana Market for Banking Services Encourages Legislation in Colorado

      marijuana isn’t illegal in 17 different states in the United States, but the market has definitely a black economy – and typically it’s just a cash basis.



      Banks wants nothing to do with the cash. Under federal rule, marijuana isn’t legal, and processing investments or transactions with marijuana money sets banks that are federally insured in jeopardy of drug-racketeering allegations.


      In Colorado state, lawmakers there are seeking an end-run with regards to the federal prohibition with a law that would make the primary state of the country obliging financial organizations for growers and dispensaries enabling them to borrow and store funds.


      The plan, if passed, would become an instant challenge to the Department of Justice of the country, which advises that every financial deal regarding marijuana funds aren’t legal.


      However, for the more than 600 marijuana dispensaries in the state of Colorado, and hundreds of associated industry employees and growers, the predicaments of being unable to store pot money is extremely huge to make the trial meaningful.


      marijuana production have huge amounts of money on their grounds, an information as commonly called as the product’s cost they market.
      A lot of Democrats have planned federal law prompting medical marijuana production’s financial services in several states legal.
      Comments 47 Comments
      1. WeeGogs's Avatar
        WeeGogs -
        Hahahaahahahaaha.

        if your friend is not on an nhs certificate then he/she will have to pay for it of course.

        they do not use peppers and chillies during the chemical change.

        medical cannabis it is not a class a drug and never will be.

        the usa has no knife crime may i ask ?

        funny how a drug abuser or addict always uses the very worst alcohol abuser or abusers as an excuse to back up taking drugs and it is usually youths or schoolchildren who abuse it and go crazy and are used as the example.

        no one ever mentions the normal people that never ever get in to trouble after consuming alcohol, and there are millions of them in the uk that go out and have a good time 24/7 265 days a year.

        if i was lying the courts would be full to the hilt of drunk people every single day.

        if it was the other way round and cannabis was legal and alcohol was illegal half of the population would not even bother to get out of bed never mind shave and somebody has to get up at 6.00am and go to work.

        i have abused alcohol for 30 years and have never missed a day at work except when hospitalised. ( not through alcohol may i add)

        and there would be a country with every body growing a million tons of free weed and we would all live happily ever after and not have to work.

        (where will you buy your pint of milk in the morning)

        the older and more prolific alcohol abusers are usually homeless and live on the streets and harmless.

        did you take drugs at the back of the bike shed at school? because you certainly never learned to spell a single word !!!!
      1. WeeGogs's Avatar
        WeeGogs -
        Quote Originally Posted by mr nicely anomus View Post
        well i can say for shaw sativex is not free on the nhs it would cos my friend with ms over £100 a week it is canabis oil rifined useing alcohol (sort of like how thay make pepper spray from peppers/chillies) and comes in a oral mouth spay altho i prefer to make a diffrent kind of canabis oil useing butain gas method stripping the thc an oils in a gas bath then leaveing the gass to disapate in a metal bowl... i refine it for use by myself only its strong stuff & dangerous isnt the word insanely dangerous might be to make it the canabis oils produced in the uk are a class A substance. however one is now a medicly recognised & patented drug reaching the end of testing,

        the gun comment hmm how bad is knife crime in the uk and is it 5yr in prison for possession of one in the street remove the gun thayle use something else its the intent of a peson not the wepon , guns dont kill pepole pepole do

        evry time i eat something for the first time or come in contact with materials i risk haveing an allergic reaction strong enught to kill me i see it as a simaler thing with drugs i am alergic to co-kain and pollen myself,
        braindamadge from smoking a joint yeh and when i bang my head its funny when a stoner outsmarts straight heads becuse we are so braindamadged the cops have no trouble deaaling with potheads like myself and removeing thare stach. or have thay just drank tomuch booze i dont drink by the way it makes me not so nice to know, especily whean i have a hang over and genraly find 3hr of being stoned from last joint quiet conveinient compaired to getting drunk being imobalized ish and dickedish fololowed by a hangover maybe thats just me?
        my criminal record comprises of f.y.i. 2 suspected thefts no charge (for takeing junk out a skip) 2 cauctions for canabis 1's c & 1's b class due to the law classification blip we had whare the scicence council said to lower it and then the gov aginst thare advise raised it again then last year i got caurght just after picking up 3.5gr senci i recived a warning. so to boil it down the only thing i have on my record is posession of a plant 3 times over ps 3 warnings = cauction 3 cautions equal a courght apperance, posession of quantitys over 7.5gr can lead to supply charges posesson of 1kg or growing = prison, personal factors may make large diffrence in sentanceing

        never been to holland but as far as i know what you say is true we should act like that with alcohol cigerets and ganja
        i wonder if you would get away with rampaging through a school or cinema without a gun or guns, and just stabbing everybody with a knife, i seriously doubt it.
      1. mr nicely anomus's Avatar
        mr nicely anomus -
        ah so now it shows up
      1. mr nicely anomus's Avatar
        mr nicely anomus -
        yeh and im shaw he wouldnt have taken one of those home made boms to the cinima instead as i said its intent not the wepon , im shaw knife crime dose exist in the us but thay would think twice about if the victim had a conciled firearms permit and gun remove the gun youve still got knives and it wont stop fenatical super loons geting them making boms etc etc, yes she has a perscription but that just means its legal for her not free, i was relateing the process of making it to that of how thay make peper spray ethonol alcohol extraction done in the simaler way that class a canabis oil is but regulated a lot better (law link http://drbongs.co.uk/index/uk-drug-law ) im not saying thay use pepper in it (its a simaler process to makeing uk police issue peper spay) hears a very imformative video on it ( http://www.dailymotion.com/video/xd3...cinal-can_tech )
        i am one of those pepole for whome alcohol is worse and i described why erlyer i assume most pepole feel simaler effects, and the minority of youths youre on about makeing evryone look bad its the same with weed youve got to apply the same sort of moderations, its no easer to wake up with a hang over than if youve stayed up smoking all night but thares no ache's n pains ive got so pissed before i was to drunk to go in to work the next day wouldnt happen with weed it was eyseyr to fit in to my spare time without tomeny adverse effects on my life, im not to good at moderation i did loose my job working for perkins engines making cnc'd tank engine parts for the challenger cv12 by being late tomeny times, but i was doing rotateing shifts 2-10pm 6am-2pm 10pm-6am rotateing each week ive never made £500 a week net before tax, or £20 an houre over time (while smokin an oz a week) and i started trying to get tomuch of a personal life to fit around those houres, i might have bad spelling but i dont care you and i know what im on about, im dyslexic not stupid id like to see you get the jobs ive had, but atleast youre mature enugth not to be late 3 times in a year i lasted around 3 years, oh and please dont talk about alcohol as if its not a man made drug, what i dont get is we use it at church during communion but was crist blood alcoholic yet is says in the bible god gave us all the seed baring fruit? on the earth for us to eat from my religous aspect and glutteny is in the ten comandment's...
        sarcasem mode activate
        yeh i dint know i couldnt go shpping in holland becuse the countrys full of pepole that dont have jobs... as far as i knew thay make crap loads off tourisem each year. and maybe chriminals that smoke pot never commit crime becuse thay cant be arsed - (that works in a contrdictive way but you said it first pritty much) its a wounder the plants survived the growers are that lazy, the danger of being a pot smoker mainly boils down to it being ilegal and pepole smoking it alcohol kills more and damadges the brain more if canabis butter is used to make food or you just eat a bud thare are very few bad side effects to physical health unlike alcohol.
        mental health all depends on how it affects you and how this very persistsnt illusion of reality (eistine the e=mc2 guy quote) is percived by the individual from quality of sensual input, personal experioncses and body chemistry. were not all the same if you dint notice
        this is just my viev i think ive stated good reasons in my mind im happy & welcome hearing yourse to contomplate over if you have any thing more to add
      1. mr nicely anomus's Avatar
        mr nicely anomus -
        i did wright a very good responce posted it pressed the back bgutton and now its gone i cant be arsed to do it again to be frank. the law on canabis oil to prove its class a http://drbongs.co.uk/index/uk-drug-law
        an nhs perscription only make's the drug legal to posess and use its subsidised but still cost's to much
        the maniac in the cinima would have probibly taken one of the ilegal boms insead of a gun if guns were ilegal or both it wont stop crazy fanatics geting them. i was refering to the extractiion of canabis oil being simaler to the way thay make uk police issue pepper spray not that thay use pepers in the canabis oil makeing process hers a link to a documentory clip from horison http://www.youtube.com/watch?v=EKFezXWt3Xo just a few of the things i mentioned :/ yeh im shaw thares knife crime in the us but before guns n bolt fireing wepons it was sword's how come no one ever goes on about it being a requirement in switzerland to do militewrry service and when compleate keep thair rifle at home thay must have more guns perperson thare but whares the crime. if guns were made ilegal in america would the prisons get full up with criminal gun owners how meny years do you think it will take to get the guns out of the black market more than 50yr while the previously conciled permit holder now dosent have 1 and the criminal knows it some things are just easer said than done thare are still black market guns in the uk. you can make a gun easey enugth if youre intent is thare it dosent matter what wepon is used evrything is a wepon when used in an offencive way but thay would select the one thay needed for the effect thay want
      1. mr nicely anomus's Avatar
        mr nicely anomus -
        i guess ether i cant see my comments thare being deleted or some thing hmm ive posted twice and refreshed
      1. vendetta23's Avatar
        vendetta23 -
        hmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm mmmmmmmmmmmmmmm
      1. Med.Card.Love's Avatar
        Med.Card.Love -
        Quote Originally Posted by mtgeezer View Post
        The feds only want people in the MMJ business to pay their taxes so they know who to target and hit with outrageous tax bills for running an illegal enterprise. Anyone in the MMJ indistry would be better served by stockpiling their cash somewhere safe, buying gold and other precious metals and investing in municipal bonds which do not have your name attached to them and pay interest yearly.If you run a MMJ dispensary or raise MMJ and put your money into a bank account or even a safety deposit box it makes it much easier for the feds to confiscate as being illegal assets of a criminal enterprise. The feds are as stupid as the day is long. If they left the businesses alone that operate legally according to their states' laws the influx of taxes would be a great boon to the current economy besides the amount oof people who would be paying income tax from wages earned and not draining the welfare and unemployment funds.
        The feds want the states to.need federal assistance , by not allowing the states to.collect proper tax revenue from MMJ programs, it maintains the need for federal financial assistance , thus giving the power card to the government. No state is going to support pot smoking over infrastructure money , unless pot smoking proves to be profitable for the state without Federal interference.
      1. charlesberry101152's Avatar
        charlesberry101152 -
        I agree with you all. I am a medical mj myself after having spinal cord surgery in my neck with hardware to hold everything together. I suffer from severe nerve damage and and chronic pain and normal methods do not work
      1. jpeg666's Avatar
        jpeg666 -
        I hate how some of the first posters are all negative and like "banks are corrupt!" The article CLEARLY states that banks don't want to touch the money because they could get into huge trouble because pot is illegal on a federal level! Not because they don't want anything to do with pot head and pot growers!
      1. UnderBelly's Avatar
        UnderBelly -
        Quote Originally Posted by WeeGogs View Post
        skunk is highy addictive, get your facts right, the pot war will never be won!
        Please reference a peer-reviewed, reproducible human clinical trial that shows marijuana to be "highly addictive" by some accepted physiological definition of "addictive."
      1. UnderBelly's Avatar
        UnderBelly -
        Quote Originally Posted by jpeg666 View Post
        I hate how some of the first posters are all negative and like "banks are corrupt!" The article CLEARLY states that banks don't want to touch the money because they could get into huge trouble because pot is illegal on a federal level! Not because they don't want anything to do with pot head and pot growers!
        Using a bank takes you into interstate commerce territory where the feds can make the case that it's not a state issue.

        There shouldn't BE a dispensary business. Cultivating marijuana is as therapeutic as its use. Patients should be allowed to cultivate it, period. It should be done in the open. When we don't have to be stealthy, secretive, and clandestine about it, the costs go away. The marginal costs of your third grow cycle are minimal. It's so cheap to produce that there really shouldn't be such a lucrative market for it. Since most people in the world have never even seen a live marijuana plant, it does not occur to them how simple the plant is, or how little it needs to propagate. It's seen as a highly technical thing with a hazardous manufacturing process behind it. It doesn't help when the typical grow room picture looks all shiny and has vents and cords all over the place. People who aren't in favor of marijuana to begin with, have a hard time differentiating the grow room from the meth lab.
      1. jap2020's Avatar
        jap2020 -
        yo it deff should be legal.. igt listen to this.. how many people died drinkning and driving??? thousands how about smoking m,arijuana??? none at alll
      1. haloman420's Avatar
        haloman420 -
        The gov wants people to be robed and hurt and or killed so they can put on the news how violent pot heads are....
      1. PW93's Avatar
        PW93 -
        Quote Originally Posted by Crazyhair View Post
        There is a big difference between banks operating a crooked business and a pot grower. The banks will get bailed out and handed money after their illegal scams go bad. Pot growers on the other hand are criminals, and suspicious looking bad, bad people and seek to undermine corporate America. Tell the banks to stuff it and get a safe! Then you won't be contributing to the corrupt legal system and have a clearer conscious because of it! I feel better already!
        Until a bunch of goons run in your house and put a gun to your face...not hating, just saying its not safe to keep a lot of money in your house. All of the burglar and robberies associated with medical marijuana arise because the burglars know there's money there, often they are not even after weed.
      1. needsomeadvice's Avatar
        needsomeadvice -
        I feel that it would be unjust for banks to refuse people the service of holding thier money just because the money was made in the mj industry. Im glad to hear that there are some democrate that see this aswell and are working to correct this.
      1. The SuperVillain's Avatar
        The SuperVillain -
        As a Colorado citizen AND an employee of an MMJ business I have first hand knowledge of this issue. I have seen these completely legal, routine transactions between growers and dispensaries done with tens of thousands of dollars in cash, in backroom settings where everyone is nervous as fuck, not because anyone is worried about police but because any asshole might come in and kill for that kind of cash. It doesn't need to be that way. We pay taxes, spend the money locally and want to be able to get paid by check and deposit them into our bank accounts like any other business. Why wouldn't the banks and local government want to see that revenue?
      1. liveveryday's Avatar
        liveveryday -
        I work for a bank and yes the regulations and policies in place are bull! As long as the $ is coming in and being invested, the "banks regulators" should bud out bc at least the ! Is now coming in and is stimulating this fucked up economic crisis!
      1. DaleW's Avatar
        DaleW -
        I dont know why you guys think taxing marijuana would be sooo profitable for this country. I love my bud, but i also know that if marijuana is legal people will either grow themselves or get it from their neighbors before paying big taxes on it.