Marijuana Businesses Managing

The New York Times today has an article, http://www.nytimes.com/2016/02/17/business/dealbook/as-marijuana-sales-grow-start-ups-step-in-for-wary-banks.html?ref=todayspaper, that speaks to one of the most pressing issues facing the establishment of a well functioning medical or adult use marijuana program governed by State law.  The article states that “The State of Colorado legalized marijuana for recreational use in 2014, joining several other states where the drug has been decriminalized in some form, but Visa and MasterCard will not process transactions for pot dispensaries and most banks will not open accounts for the businesses — leaving dispensaries dealing with a constant influx of cash, and nowhere good to put it.”