US Federal Reserve

Pot credit union sues Feds, NCUA over denial of master account, insurance

Doug Storum 07/31/2015 DENVER - The Fourth Corner Credit Union in Denver filed a pair of lawsuits Thursday against the Federal Reserve Bank of Kansas City and the National Credit Union Administration after being denied a master account from the Feds and federal share deposit insurance from the administration.

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Rats, mice, geckos seized at South Jeffco home

06/18/2015 Scores of rats, mice and geckos — as well as pot plants — were seized at a home in South Jeffco on June 17 after the sheriff's Animal Control unit responded to an anonymous tip about rodents being kept in poor conditions.

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Pot possession on fed land a no-no

Chuck Slothower 05/17/2015 Possession of marijuana is legal in Colorado, but it remains forbidden on federal land, a situation that has tripped up unaware pot enthusiasts. Federal land surrounds the Durango area, from Mesa Verde National Park to Purgatory Resort to the Weminuche Wilderness Area.

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Fed lawmakers give medical pot a shot

Peter Marcus 05/13/2015 DENVER – A bipartisan group of federal lawmakers Wednesday unveiled legislation that would offer access to certain medical marijuana products. The coalition includes Colorado Sens. Michael Bennet, a Democrat, and Cory Gardner, a Republican.

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Despite Federal Law, Colorado Pot Shops Are Accepting Credit Cards

Mike Adams 05/04/2015 While the cannabis industry has been touted as a “cash-only” enterprise since medical marijuana was first legalized in California nearly 20 years ago, recent reports indicate that the recreational sector has become fed up with handling massive stacks of cash and have since established a clever method for accepting credit cards payments.

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