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A newly approved state plan aimed at helping Colorado’s marijuana stores handle the vast sums of greenbacks ringing through their cash registers might be dead on arrival unless Congress steps in.
State lawmakers late Wednesday night approved a law giving marijuana-store owners the right to create cannabis co-operatives, which would operate like banks or credit unions. Gov. John Hickenlooper previously indicated he would sign a slightly different bill but has repeatedly called on federal lawmakers to change laws on the national level.
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