"There are more dispensaries in Denver than there are Starbucks." Federally-insured banks are prohibited from banking marijuana money, so one Colorado entrepreneur pounced on an unusual business opportunity.
Think Blackwater meets Cheech and Chong. They have a machine that literally washes the money of marijuana molecules, so the green doesn't smell like green, if you know what I mean, before it goes to the bank. Bloomberg TV:
Colorado's cannabis industry will do over $100 million in business before the end of the year… and it's all going to be in cash. Without access to banks, owners of legal pot dispensaries have to figure out something to do with all that money. MPS International is the first armored truck company to provide security for legal marijuana dispensaries.
