Remove Colorado Remove Compliance Remove Regional Remove Taxes
article thumbnail

SAFE Banking Act Gains Cannabis-Friendly Spotlight In Congressional Hearing

PYMNTS

In 2018, consumers in Colorado bought some $1.55 Two of the speakers at the hearing — Colorado Rep. The speakers told stories of violent armed robberies, money laundering and tax evasion, among other negative impacts of a cash-based industry. billion worth of legal cannabis products. Ed Perlmutter and Washington Rep.

Oregon 230
article thumbnail

SAFE Banking Act Gains Cannabis-Friendly Spotlight in Congressional Hearing

PYMNTS

In 2018, consumers in Colorado bought some $1.55 Two of the speakers at the hearing — Colorado Ed Perlmutter and Washington state Rep. They told stories of violent armed robberies, money laundering and tax evasion, among other negative impacts of a cash-based industry. billion worth of legal cannabis products. Cash Dangers.

Oregon 115