Counterfeit Money and Marijuana Retailers
With the marijuana industry booming right now, we are seeing more states legalize it as the benefits of legal marijuana become more increasingly obvious to society as a whole. Legalizing helps keep marijuana out of the hands of underage people much like how it is done with alcohol and states are seeing significant tax revenue from legalizing the crop.
On the flip side, many people are opening marijuana retail shops but there is a little reported story, which is about counterfeit money. Currently under Federal marijuana laws, it is still considered illegal to the Government so banks are reluctant to work with marijuana retailers. This leads to legal cannabis shops dealing with a lot of cash since they can’t on credit, and this gives an opportunity for money counterfeiters to try to take advantage of this.
Any businesses that don’t check their cash for counterfeits provides an easy...
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