Feds Block Push By Colorado To Create Pot BankColorado's attempt to create a bank to service its marijuana industry has suffered another setback by the federal government and could be facing an impossible dilemma.
Bill Would Allow Marijuana Businesses Access To Banking ServicesThe bi-partisan bill was introduced Thursday and would protect banks from criminal prosecution when working with marijuana businesses.
Colorado Sens. Bennet, Gardner Announce Bill In US Senate To Open Up Banks To Pot BusinessesA bipartisan bill in the U.S. Senate would allow banks to do business with marijuana companies.
Federal Banking Official To Meet With Colorado Pot ShopsMarijuana business owners in Colorado are meeting with a federal banking official about their problems accessing banking services.
Bank Shuts Off Cannabis Company, 'Still Illegal'Federal laws are putting a damper on Colorado's budding marijuana business, as one Denver company connected to the retail pot industry has suddenly been cut off from its bank.
House Votes To Allow Marijuana-Related BankingThe House voted Wednesday in support of making it easier for banks to do business with legal pot shops and providers of medical marijuana.
Colorado, Washington Seek More Pot Banking HelpThe governors of Washington and Colorado are seeking more guidance from the federal government about banking services for their new legal marijuana industries.
Colorado Lawmakers Approve Plan For Pot BankingFrustrated by the cash-heavy aspect of its new marijuana industry, Colorado is trying a long-shot bid to create the world's first financial system devoted to the pot business.
Marijuana, Fires Dominate Final Legislative DayBanking for marijuana businesses and property tax forgiveness for disaster victims headlined the final day of the Colorado Legislature on Wednesday, though the last hours were lacking the drama of many past sessions.
More New Marijuana Laws Making Way Through Colorado LegislatureThis week more new laws dealing with the legalization of marijuana may be coming from the state Legislature. Among them is a plan to give pot businesses access to a banking system.
Colorado Advances Marijuana Banking Plan A divisive plan to create the world's first financial system for marijuana came back to life in the Colorado Legislature Friday, when lawmakers revived a bill sponsors called the state's best hope for moving the marijuana industry away from its all-cash basis.
Colorado Lawmakers Want Pot Industry Bank OptionA Colorado plan to set up the world's first financial system for marijuana has cleared its first hurdle in the state Legislature, despite deep reservations from supporters that the plan will work.