By John Gruber
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Marijuana is legal in Colorado, but because it is illegal under federal law, and even state-chartered banks fall under federal regulations, the completely legal weed dispensaries must operate as all-cash operations. Here’s a great little 10-minute documentary from The New York Times showing just how onerous — and dangerous — this situation is. As my pal Jim Ray quipped in a text message, these guys probably own a few of those 1M Hauly bags I just linked to.
★ Thursday, 12 November 2015