Jacob Sullum on the Marijuana Money Muddle

How does a pot dealer pay taxes and write checks?


Credit: north-cascades-national-park-CC.

As far as the federal government is concerned, any business involving the production or sale of marijuana—even if it is blessed by state law—is a criminal enterprise. But as Al Capone could tell you, the feds still want their cut. Jacob Sullum goes through the financial hurdles, such as paying taxes and writing checks, that legal marijuana businesses face.