Holder: Feds to set rules for banks and pot money

“The Obama administration will soon announce [guidance] 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.'”

http://www.politico.com/blogs/under-the-radar/2014/01/holder-feds-to-let-banks-handle-pot-money-181777.html

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