A bipartisan group of senators is stepping up the push to let marijuana businesses store their profits in banks, with a possible vote coming as soon as this week.
Under the current federal prohibition of cannabis, many banks refuse to do businesses with marijuana growers, processors and sellers that operate legally in accordance with a growing number of state laws. As a result, many cultivators and dispensaries operate on a cash-only basis, which makes them targets for robberies. Continue reading “Senate Could Vote To Let Marijuana Businesses Use Banks This Week”
When Ohio officials award licenses next month allowing two dozen companies to cultivate medical marijuana, the growers will have almost a year to build facilities and produce their first crop.
But where will they get the seeds? It will still be illegal to purchase marijuana plants from anyone but themselves.
Many of the applicants have cannabis-growing operations in other states, but it’s still illegal under federal law to bring marijuana across state lines. Continue reading “Why Ohio growers may have to break the law to start medical marijuana crops”
A bizarre kidnapping and robbery case sparked a raid by law enforcement Wednesday at a house off West McAndrews Road where police say they seized 180 pounds of illegal marijuana plants and arrested three men.
“We received a report of a car jacking at gunpoint from the victim,” Medford police Lt. Mike Budreau said. “That turned out to not be entirely true, but it did lead us to an illegal marijuana deal involving several hundred pounds.” Continue reading “Oregon cops get more complaints about marijuana grows than they can handle”