Politico: “The Obama administration will soon announce regulations to make it easier for banks to do business with legal marijuana sellers, Attorney General Eric Holder said Thursday. ‘You don’t want just huge amounts of cash in these places. They want to be able to use the banking system,’ Holder said during an appearance at the University of Virginia’s Miller Center. ‘There’s a public safety component to this. Huge amounts of cash—substantial amounts of cash just kind of lying around with no place for it to be appropriately deposited is something that would worry me, just from a law enforcement perspective’.”
Eric Holder Says Feds Will Let Banks Accept Pot Money
By On the Net|2014-01-24T08:15:22-07:00January 24th, 2014|Banking Issues, Stories & Articles|Comments Off on Eric Holder Says Feds Will Let Banks Accept Pot Money
About the Author: On the Net
The author of this article is
Richard Keyt, an Arizona business law attorney who is the creator of this Arizona medical marijuana law website. Connect with Richard at 480-664-7478 or on Google+