AP PHOTOS: For marijuana store owner, worry comes with job

AP PHOTOS: For marijuana store owner, worry comes with job


11 photos

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

LOS ANGELES (AP) — In California and other states where marijuana is legal for medical or recreational use, pot store owners often find themselves nervously carrying around large amounts of cash.

That's because most banks want nothing to do with money linked to a plant that remains illegal under federal law. They're afraid they could be prosecuted.

With all that cash, people in the marijuana business worry constantly about getting robbed.

In Los Angeles, dispensary owner Jerred Kiloh makes a tension-filled drive downtown once a month to pay his city taxes, with tens of thousands of dollars in his car. He is constantly checking his rearview mirror, looking for thieves.

Now, Los Angeles might create a municipal bank that would serve cannabis companies.

___

Follow AP photographers and photo editors on Twitter: http://apne.ws/15Oo6jo

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Photos

The Associated Press

    SIGN UP FOR THE KSL.COM NEWSLETTER

    Catch up on the top news and features from KSL.com, sent weekly.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast