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this post was submitted on 27 Jul 2023
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Yes, but the problem is that the volume of cash makes retailers a massive target. People have been killed over this, and will continue to be put in danger until customers have access to the same payment resources that all other retail businesses take for granted. This is not a trivial issue at all. There are serious real world consequences to these decisions that paint the industry in a bad light when they are a DIRECT consequence of the inaction of the federal government. We are never going back to prohibition. There is simply too much tax revenue generated, and too much public sentiment on the side of both legalization as well as ending the failed drug war policies.
Not just a massive target to criminals either. Cops are willing to pull over armored cars and take the cash when it gets transported. That money then goes through the civil asset forfeiture process, getting handed to the feds who then give some of it back to the local department through their "equitable sharing" program. Legalized theft.
That sounds really bad but has it actually happened to a legal pot retailer?
Yes, over 1 million dollars in total with just this one transport company for example: https://ij.org/case/empyreal-forfeiture/
Thanks That was totally fucked up. However they got good lawyers and reversed the forfeiture.
I've been to dispensaries with armed security. They're just as friendly inside as other dispensaries, but wow is that intimidating.