Monday, August 26, 2013

Feds Encourage Pot Club Robberies

By David Downs
Mon, Aug 26, 2013 at 10:49 AM

Marijuana remains a federally illegal drug, a fact that the Drug Enforcement Administration is re-stating to national armored car companies that service dispensaries in states where the plant is legal for medical use.

Consequently, armored car services are cutting off service to dispensaries, who are already holding too much cash because the Department of Treasury has cut off banking services to clubs.

The Chronicle's Bob Egelko reported Saturday:

The Obama administration has pressured landlords, banks and credit card companies to cut off services to medical marijuana dispensaries. Now the administration may have found a new target: armored car companies that carry cash for the pot clubs. ...

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