3 ms·
They literally carried a briefcase of money into the closing without a banking intermediary?
by germinalphrase 6y ago
They literally carried a briefcase of money into the closing without a banking intermediary?
- jrwoodruff 6y agoI've always wondered this too. Can you do a legitimate six figure transaction in actual cash? I'd be uncomfortable carrying around enough cash for a new car, let alone a house.
- asdff 6y agoMaybe that was the case as soon as it was legalized, but by 2017 dispensaries had deposited nearly $1bn into checking accounts at credit unions. In CA, my dispensary takes debit card. https://www.nytimes.com/2018/01/04/magazine/where-pot-entrepreneurs-go-when-the-banks-just-say-no.html https://www.nytimes.com/2018/01/04/magazine/where-pot-entrep...