“…There is also the concern that permitting state-licensed recreational cannabis production and sale will inevitably create booming businesses, inclusive of dispensaries, growers, and production facilities, in communities that by association may become attractive targets for crimes. This is due to commercial enterprises relying heavily on cash transactions and stolen products that can be readily sold and consumed (Contreras, 2017;Kepple & Freisthler, 2012). As cannabis remains a Schedule One drug that is prohibited at the federal level, banks have been unwilling to engage in transactions associated with marijuana businesses as they fear the risk of money laundering prosecution by federal authorities (Chemerinsky, Forman, Hopper, & Kamin, 2015).…”