Weed-Mart

[Michelle420]

It will be the Menards of marijuana, the Wal-Mart of weed, or maybe the High Depot; whatever the illustrious industrialists choose to call it, Colorado may soon be the birthplace of the first ever marijuana superstore.

According to a report in Vail Daily, a Denver-based developer has submitted a proposal for a $5 million marijuana mega-complex to be built in Eagle. The facility, which will operate under the name Rocky Mountain Pure Retail Marijuana, would consist of a 6,000-square foot retail storefront that would operate self-sufficiently with the use of a 22,500-square-foot indoor cannabis farm.

In addition, the super complex would also include a 45,000-square-foot green house facility, a 3,600-square-foot extraction lab, a 3,750-square-foot “prohibition museum,” and another 12,000-square-feet of “other commercial space.”

I know some of you will be there

First Ever Marijuana Superstore | High Times

 

[TheOldSchool]

I wonder who'll build a hotel right next door with a 24 hour restaurant and make millions.

 

[percysunshine]

Won't happen until federal law changes. No investment bank, private or public, will finance the project due to the risk of being prosecuted for money laundering.

High times indeed.

 

[Michelle420]

The federal government took a significant step Friday toward addressing the marijuana’s industry’s banking problems, issuing guidance designed to help pot shops gain access to the financial system.

Joint memos from the Department of the Justice and the Treasury Department’s Financial Crimes Enforcement Network gave individual banks the discretion to transact with legal marijuana companies, which have been denied access to basic services like checking accounts and credit cards because of federal money-laundering statutes.

The documents outline the steps financial institutions must take if they wish to transact with legal cannabis companies, while reaffirming their obligations to report illicit activity. Taken together, they offer a long-sought roadmap for both the banking and marijuana industries, which have been trying to resolve the problems created by forcing pot shops to hoard huge sums of cash.

The lack of access to basic banking has been the biggest early obstacle for the marijuana industry since Colorado and Washington state legalized marijuana for recreational uses. Managing stockpiles of cash is a complex task that makes it harder for the state to track and tax legal marijuana purchases, and presents serious safety hazards for employees of legal businesses.



Read more: Marijuana Legalization: Feds Let Pot Businesses Use Banks | TIME.com Marijuana Legalization: Feds Let Pot Businesses Use Banks | TIME.com

Marijuana Legalization: Feds Let Pot Businesses Use Banks | TIME.com

 

[TheOldSchool]

The federal government took a significant step Friday toward addressing the marijuana’s industry’s banking problems, issuing guidance designed to help pot shops gain access to the financial system.

Joint memos from the Department of the Justice and the Treasury Department’s Financial Crimes Enforcement Network gave individual banks the discretion to transact with legal marijuana companies, which have been denied access to basic services like checking accounts and credit cards because of federal money-laundering statutes.

The documents outline the steps financial institutions must take if they wish to transact with legal cannabis companies, while reaffirming their obligations to report illicit activity. Taken together, they offer a long-sought roadmap for both the banking and marijuana industries, which have been trying to resolve the problems created by forcing pot shops to hoard huge sums of cash.

The lack of access to basic banking has been the biggest early obstacle for the marijuana industry since Colorado and Washington state legalized marijuana for recreational uses. Managing stockpiles of cash is a complex task that makes it harder for the state to track and tax legal marijuana purchases, and presents serious safety hazards for employees of legal businesses.



Read more: Marijuana Legalization: Feds Let Pot Businesses Use Banks | TIME.com Marijuana Legalization: Feds Let Pot Businesses Use Banks | TIME.com

Marijuana Legalization: Feds Let Pot Businesses Use Banks | TIME.com

Rock n roll baby

 

[norwegen]

Will it include free sample kiosks? The discriminating stoner might want to compare the season's Purple Power yield with the current Mauwie Wauwie crop. You know, and then make an informed, clear-headed purchase.

 

[TheOldSchool]

Will it include free sample kiosks? The discriminating stoner might want to compare the season's Purple Power yield with the current Mauwie Wauwie crop. You know, and then make an informed, clear-headed purchase.

Maybe it'll be like Costco and people will be able to go just for the free samples

 

[percysunshine]

The federal government took a significant step Friday toward addressing the marijuana’s industry’s banking problems, issuing guidance designed to help pot shops gain access to the financial system.

Joint memos from the Department of the Justice and the Treasury Department’s Financial Crimes Enforcement Network gave individual banks the discretion to transact with legal marijuana companies, which have been denied access to basic services like checking accounts and credit cards because of federal money-laundering statutes.

The documents outline the steps financial institutions must take if they wish to transact with legal cannabis companies, while reaffirming their obligations to report illicit activity. Taken together, they offer a long-sought roadmap for both the banking and marijuana industries, which have been trying to resolve the problems created by forcing pot shops to hoard huge sums of cash.

The lack of access to basic banking has been the biggest early obstacle for the marijuana industry since Colorado and Washington state legalized marijuana for recreational uses. Managing stockpiles of cash is a complex task that makes it harder for the state to track and tax legal marijuana purchases, and presents serious safety hazards for employees of legal businesses.



Read more: Marijuana Legalization: Feds Let Pot Businesses Use Banks | TIME.com Marijuana Legalization: Feds Let Pot Businesses Use Banks | TIME.com

Marijuana Legalization: Feds Let Pot Businesses Use Banks | TIME.com

Awesome. This is like Obamacare. Screw the law, we promise not to prosecute. Except, 'we' is not everybody. 'We' is only the US attorneys who work for Holder today. 'We' is not the prosecutors who work for anyone else, at any other time except the present...

High times indeed.

 

[TheOldSchool]

The federal government took a significant step Friday toward addressing the marijuana’s industry’s banking problems, issuing guidance designed to help pot shops gain access to the financial system.

Joint memos from the Department of the Justice and the Treasury Department’s Financial Crimes Enforcement Network gave individual banks the discretion to transact with legal marijuana companies, which have been denied access to basic services like checking accounts and credit cards because of federal money-laundering statutes.

The documents outline the steps financial institutions must take if they wish to transact with legal cannabis companies, while reaffirming their obligations to report illicit activity. Taken together, they offer a long-sought roadmap for both the banking and marijuana industries, which have been trying to resolve the problems created by forcing pot shops to hoard huge sums of cash.

The lack of access to basic banking has been the biggest early obstacle for the marijuana industry since Colorado and Washington state legalized marijuana for recreational uses. Managing stockpiles of cash is a complex task that makes it harder for the state to track and tax legal marijuana purchases, and presents serious safety hazards for employees of legal businesses.



Read more: Marijuana Legalization: Feds Let Pot Businesses Use Banks | TIME.com Marijuana Legalization: Feds Let Pot Businesses Use Banks | TIME.com

Marijuana Legalization: Feds Let Pot Businesses Use Banks | TIME.com

Awesome. This is like Obamacare. Screw the law, we promise not to prosecute. Except, 'we' is not everybody. 'We' is only the US attorneys who work for Holder today. 'We' is not the prosecutors who work for anyone else, at any other time except the present...

High times indeed.

Go find a pit for your butthurt to fester in and let us talk about our weed mart bro

 

[percysunshine]

Go find a pit for your butthurt to fester in and let us talk about our weed mart bro

If they build it, I will come...chuckle

 

[TheOldSchool]

Go find a pit for your butthurt to fester in and let us talk about our weed mart bro

If they build it, I will come...chuckle

My man

 

[Michelle420]

Will it include free sample kiosks? The discriminating stoner might want to compare the season's Purple Power yield with the current Mauwie Wauwie crop. You know, and then make an informed, clear-headed purchase.