USA TODAY: State lawmakers had what looked like a light load on the final day of the 2014 legislative session, but the final gavel was held up by tense negotiations on marijuana banking.
In the end, the state House of Representatives ignored the objections of the Colorado Bankers Association, and passed the bill to create state-regulated co-ops to provide banking services to the marijuana industry.
Gov. John Hickenlooper (D-Colorado) intends to sign the bill, despite working with CBA to bring the policy forward in the first place… (more)
EDITOR: They had the absurd and dangerous situation whereby dispensaries had no way to deposit their proceeds or to write checks.
