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Reluctance of banks leaves pot shops looking for secure practices

The former Marine and the former sheriff’s officer are on a low-key mission. They left the body armor and assault-style rifles back at the office. Their black SUV — it has to be black, right? — blends into the midday traffic barreling west through the city on Interstate 70. When you’re carrying $122,000 in cash stuffed in a blue tote bag that smells like marijuana, the less conspicuous the better.

“Right now, we’re like any other vehicle on the road,” says Phil Baca, the ex-sheriff’s officer, checking his rearview mirror to make sure they aren’t being tailed. “You’d never think there was a bunch of money in it.”  [Read More…]

Rob Meagher

Rob Meagher

Rob Meagher, CBE’s Founder, President and Editor-in-Chief is a 30 year veteran of the media world. His career has spanned from stints representing the Washington Post, USA Weekend, Reader’s Digest, Financial World & Corporate Finance to the technology world where he worked at International Data Group and Ziff Davis where he was part of the launch team for The Web Magazine, Yahoo Internet Life, Smart Business and Expedia Travels before starting his own marketing and Publisher’s Representative Firm. He also ran all print and online media sales and marketing for the Society for Human Resource Management before partnering with Forbes and then Fortune to create Special Sections covering a variety of topics. Rob, who started CBE Press in 2014, can be contacted at [email protected]

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