Cash-Carrying Marijuana Business Ventures Catered By Oregon

flowering-begins.jpgAside from adding a specific line for cannabis businesses at its offices, the commission also will spend more than $600,000 to upgrade its entry to handle the influx of marijuana companies bringing in large amounts of cash. Additionally, it’s considering opening a southern Oregon facility so companies in the area don’t have to drive to Portland with large sums of cash in their vehicles, The Oregonian reported.

About 30% of existing medical marijuana businesses in the state pay their tax bills with cash thanks to a lack of banking options, creating security and public safety issues, Steven Marks, the executive director of the Oregon Liquor Control Commission, told The Oregonian.

To read more, visit https://mjbizdaily.com/oregon-catering-to-cash-carrying-cannabis-businesses/

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