#602: Big Weed

Planet Money

• Episode: #602: Big Weed
• Website: Planet Money
• Feed URL: http://www.npr.org/rss/podcast.php?id=510289
• Duration: 00:19:59
• Published: 2015-02-07 02:54

Pot is now legal in some states. But on the federal level, it's illegal. The legal gray area means banks in the U.S. are wary to give pot businesses access to basic financial instruments – like checking accounts. Today on the show, we visit a country where medical marijuana is fully legal. And we see how bank accounts, loans, and investors can transform an industry.