Colorado Monthly Marijuana Sales Top $100,000,000 with No Banking Partners in Sight

The Colorado Department of Revenue released data showing recreational pot sales at $59.2 million in August, with medical marijuana dispensaries reaching $41.4 million for a total of $100.6 million in sales overall. “It means that $100 million is going to licensed, taxpaying businesses, creating jobs and helping to build new schools,” Dan Riffle, director of federal policies for the Marijuana Policy Project, told Yahoo News, “Instead of going to cartels and drug dealers — as is the case in the 46 states that don’t regulate marijuana.” In spite of the sales, marijuana businesses haven’t anywhere to put the cash. As […]

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