In an email sent late Friday, University of Colorado President Bruce Benson warned that the recent passage of Amendment 64 to legalize marijuana in Colorado threatens to cost the university nearly $1 billion annually in federal revenue.
From 'All Things Considered': Tommy Chong talks with Audie Cornish
With Washington state set to legalize possession of small amounts of marijuana just after midnight tonight, and Colorado set to decriminalize pot next month, All Things Considered today turned to "stoner" comic Tommy Chong to get his perspective.
Needless to say, the half Asian half of Cheech and Chong is very happy. He's planning to move to both states, Chong joked.
On our show yesterday, we talked with John Davis, who runs a legal medical marijuana business in Washington state. He described one of the big hurdles of starting a legal marijuana business: It's really hard to get a bank account.
His story reveals not only the gray area the marijuana business still inhabits (it's still illegal under federal law), but also just how hard it is to run a small business without a bank.