Banking for pot industry hits a roadblock

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Banking regulators just said no to a financial institution that aims to be the first to serve the expanding marijuana industry in Colorado.The Fourth Corner Credit Union in Denver applied in November to the Federal Reserve for a “master account,” which would allow it to interact with other financial institutions and open its doors to some of the hundreds of state-licensed marijuana businesses in Colorado.Although recreational marijuana has been legalized in Colorado, it is still illegal on the federal level, discouraging most traditional banks from working with pot businesses. continue reading »last_img read more

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‘Thousands have tried’. Bayern ponder how to stop Messi

first_imgBayern Munich midfielder Leon Goretzka said the German giants are working out how to curb the legendary talents of Barcelona star Lionel Messi ahead of Friday’s Champions League quarter-final.”Thousands of people before me have tried to answer this question,” Goretzka replied Tuesday in Lisbon when asked how to stop Messi.”It is nice – after playing against [Juventus star Cristiano] Ronaldo a few times – to play the other formative player of the last decade. Topics : “That can only be done collectively,” the 25-year-old central midfielder said of Messi, “because he is a gifted footballer”.”I don’t know how, but we have to force our game on them.”Messi scored his 31st goal this season on Saturday and is looking to lift the Champions League for the fifth time in his career with Barcelona.Treble-chasing Bayern, however, have won all 13 games since the coronavirus lockdown restart.center_img They underlined their impressive form on Saturday when Robert Lewandowski, the Champions League’s top scorer, netted twice and created two more in the last 16, second-leg rout of Chelsea to seal a 7-1 thrashing on aggregate.Bayern are chasing the treble having already won an eighth straight Bundesliga title and lifted the German Cup, but Goretzka says Barcelona present a true test.”There is no easy way now. We are here in the sun in Portugal and are preparing for a knockout game in the Champions League,” he said.”We’re really up for it. Knockout matches are great.”While Barcelona are packed with stars alongside Messi, Goretzka says Bayern are far more than just Lewandowski’s goals. “At the moment, we’re playing as a unit, in addition to the quality of the individual players.”We have a clear plan in hand and our intensity without the ball can make the difference.” But he admitted being wary of Arturo Vidal, Barca’s ex-Bayern midfielder.”I got to know him for a few weeks and played against him many times. He has a first-class mentality with amazing fitness,” added Goretzka.”I noticed that during fitness tests – which I took next to him – he can go beyond the pain threshold.”last_img read more

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