The Feds’ Scary Reassurances To Banks That Deal With State-Licensed Marijuana Businesses

DISTRICT OF COLUMBIA:  On Friday the Treasury Department and the Justice Department issued guidelines for banks that do business with state-licensed marijuana suppliers. According to Attorney General Eric Holder, the aim of the memos is to reassure financial institutions that are leery of accepting cannabusinesses as customers because they worry it will attract unwanted attention from federal regulators and prosecutors.

But as with the August 29 memo in which Deputy Attorney General James Cole said that prosecuting properly regulated marijuana growers and sellers would not be a high priority, there are no guarantees, and that fact is likely to deter traditionally cautious banks more than plucky cannabis entrepreneurs. [Read more…]

Seattle business offers home pot delivery

WASHINGTON: One Seattle business offers free delivery of medical marijuana seven days a week from 10 a.m. to 2 a.m., except during rush hour.

The business’ posters say the service is “free and easy to join.”

Nurse Nancy Medical Marijuana Delivery requires a copy of your medical marijuana authorization and a current government I.D. to place an order.

Then the customer selects their pot from what’s in stock and places their order.

New customers and anyone spending $100+ gets free delivery. Most people receive their order within 30 minutes.