House Bill 5927 is going through the legislature right now to increase jail time for those convicted of robbing a cannabis store.
“That doesn’t fix the problem at the core.
That source, he says is cash, and making it so cannabis retailers can access banks and use credit and debit cards.
“This is just a layer to a deeper, more complex problem which has to do with the financial regulation, where if we’re able to use debit cards with local credit unions, or the credit highways, Visa and MasterCard would be very beneficial to us.
“There is no imminent indication of federal banking reform and until we get federal banking reform, these businesses are going to remain uniquely vulnerable.
In the meantime, there are multiple suggestions the LCB is giving to cannabis retail shops to keep their places as safe as they can.
“I think it’s a good step.