Colorado cannabis entities are forced to conduct business mostly in cash, leaving them vulnerable to robberies. But a bill recently reintroduced in Congress would change that
DENVER — .
Both owners said they are happy to follow every regulation to be able to stay in business, but there is one rule they hope will change soon, operating as a cash-only business. SAFE Banking Act introduced again, aiming to give cannabis businesses access to banks, credit cards "We've had multiple attempted break-ins and we've had multiple robberies. I'm not alone. I've seen a lot of other dispensaries going through the exact same thing," said Henderson.Eaze medical cannabis delivery company also owns Green Dragon which is one of the largest dispensary chains in Colorado.
He said they deal with at least one robbery a month across their dispensaries and reducing the amount of cash on-site would be a help to public safety. The legislation, if passed, would allow legally operating cannabis businesses access to banking services and credit card services without either party facing federal punishment.
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