I Flip-Flop on Cannabis Banking + Great Bank Bonus Deals Out There
Manage episode 381127413 series 2636706
I very rarely am anti-customer as you can tell by my content, but a local El Paso TV report about how over 100 cannabis dispensaries have NOT paid their State of NM taxes last year, has made me change my mind on allowing them to bank. Taxing pot has long been a talking point for pro-cannabis folks in their fight to legalize pot.
While I am pro-legalization, and am happy new small businesses are popping up everywhere, I would say to be cautious before allowing them to bank just based on this news about the lack of tax paying. I feel seeking that business is more trouble than its worth, and I explain why.
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