The inability of marijuana businesses to straight-forwardly stash their cash in standard financial institutions due to federal banking regulations aimed at stopping drug trafficking has been an issue in Colorado for years. But despite Obama administration statements about possible fixes and a reques ... More >>
When the Obama administration announced that it wouldn't sue to stop Amendment 64 and other state cannabis laws, anticipation about yesterday's Senate hearing on marijuana shifted from whether the feds could be forced to make a decision to what they'd say about allowing measures to take effect. As s ... More >>
Members of the medical marijuana biz have been complaining for years about the difficulties inherent in obtaining banking services in an industry that the federal government considers illegal -- and Senator Pat Steadman has sought a fix for nearly as long. Now, on day one of Colorado's legislative s ... More >>
Pat Steadman.The Bank of Denver's decision to close its medical marijuana accounts, following a similar move by Colorado Springs State Bank, has put plenty of MMJ businesses in a tight spot. Senator Pat Steadman is considering legislation to authorize a credit union devoted to the industry. ... More >>
Illustration from Colorado Progressive Coalition.Linda Stapel was a field researcher in February 2009, making enough money to buy a home by herself. But that's when she was blind-sided a by a woman in her car while collecting data for work. Stapel was left with Annular tears in her neck, seve ... More >>
Xcel's coal-fired Comanche plant.Xcel's evolving proposal to retire several aged coal-fired power plants to comply with a tough new Colorado law has been hailed as bold and innovative. But similar plans may soon be cropping up around the country as utilities face a new round of federal antipo ... More >>
Jared Polis doesn't want the feds to obstruct MMJ businesses.Representative Jared Polis has spent a lot of his legislative capital of late defending the medical marijuana industry in Colorado from possible interference by the federal government. In February, for example, he sent a letter to ... More >>
Is this man Frank Lewis?Among the many nicknames given bank robbers by the FBI's Rocky Mountain Safe Streets Task Force (profiled in this Westword feature), the $83 Bandit may be one of the strangest. According to a Joel Warner blog about another wanted man with a clever moniker, the Shaggy B ... More >>
Does this man robbing the US Bank yesterday look familiar?Welcome to the New Depression, when local banks are being robbed at a rapid pace -- because, as Willie Sutton once said, that's where the money is. Two banks were lightened of their loads on Monday. Yesterday, a US Bank branch at 1019 ... More >>
The $83 Bandit uses video distortion as part of his disguise. Clever!The men and women of FBI's Rocky Mountain Safe Streets Task Force (spotlighted in a 2008 Westword feature) have something in common with former President George W. Bush -- they love nicknames. Like, for instance, the $83 Ban ... More >>
Untitled Split 12"
Bad People Records
In recent days, Pueblo Bank & Trust has been running an unusual ad on local stations. The message: The federal government has been pushing bailout money on healthy banks as well as sickly ones -- but PB&T doesn't need rescuing, because it's in sound financial condition. This approach is echoed by ... More >>
The Arvada Grill at 5801 Olde Wadsworth Boulevard in Arvada has closed its doors."Thank you to all who joined us!" is the only message offered on the restaurant's website, www.arvadagrill.com. And the website of the parent company, the Fortis Group at www.fortisdenver.com, no longer lists the Arvada ... More >>
Takes one to know one.
WHEN A POWERFUL GOVERNMENT ATTORNEY SIGNED ON WITH A DENVER LAW FIRM, THEY BOTH EXPECTED TO CASH IN. THEN THE BOTTOM DROPPED OUT.