23-01-2015 03:02 via alaskapublic.org

Faced With Marijuana Money Puzzle, Legislators Curious About A State-Run Bank

When Alaskans voted for an initiative to legalize and regulate marijuana, they approved a system where the drug can be bought and sold by retailers operating in the open. But with federal regulations prohibiting bank deposits of drug money, the marijuana sellers can end up holding large amounts of cash.

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