Pubdate: Sun, 15 Feb 2015
Source: New York Times (NY)
Copyright: 2015 The New York Times Company
Contact: http://www.nytimes.com/ref/membercenter/help/lettertoeditor.html
Website: http://www.nytimes.com/
Details: http://www.mapinc.org/media/298
Authors: James Haynes, Martin Brodie, Lakewood Ed
Note: The article received 68 comments on nytimes.com. The following 
have been edited and condensed.
Referenced: http://www.mapinc.org/drugnews/v15/n082/a06.html

SEARCHING FOR A SAFE DEPOSIT

"The First Bank of Bud" (Feb. 8) reported on the Fourth Corner Credit 
Union in Denver, created to serve the unmet banking needs of the 
marijuana industry. The credit union has a license from Colorado but 
has yet to receive approval for a Federal Reserve Bank account that it needs.

So we have to wait for a bloody robbery or a series of them, and for 
people to be killed stealing or defending pot money, before the law 
is made unambiguous?

James Haynes, Blue Lake, Calif.

The solution is for the D.E.A. to remove cannabis from its scheduled 
list of controlled drugs. Then open the bank vaults.

Martin Brodie, Georgia

Excellent money laundering opportunity when those cash deposits start 
pouring in.

Lakewood Ed, Colorado
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MAP posted-by: Jay Bergstrom