Your Money Stinks

Publication Date

1-31-2014

Document Type

Article

Organizational Units

Sturm College of Law

Keywords

Banking, Marijuana dispensaries, Colorado, Cannabis

Abstract

A few years ago, a Boulder woman who owned one of Colorado’s first dispensaries ran into some troubles with her bank. As she later recounted, the bank told her the money she was depositing into her business account reeked of marijuana. The bank was willing to take her money, but she would have to do something about the smell. Maybe Febreze would help. Her bank, in other words, asked her to literally launder her money.

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