Watch CBS News

Colorado to create financial system for marijuana industry

Colorado's governor has signed legislation that seeks to form a network of uninsured cooperatives that will give marijuana businesses access to basic financial services. Because banks don't want to violate federal law, most pot-based businesses are cash-only. Alison Harmelin has that story and more MoneyWatch headlines.
View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.