PORTLAND, OR (KGW) — The owner of a marijuana dispensary in says federal banking rules are partly to blame for the takeover robbery at his Portland, Oregon store Sunday night.
Even though pot is legal in Oregon and Washington, banks will not accept money from marijuana businesses, meaning all transactions have to be done in cash. That cash is often stored in large amounts on site because it cannot be deposited in the bank.
Chris Schaaf said the robbers stole $1,300 in cash and nearly $1,000 worth of marijuana from his dispensary, Green Buds.
The take could have been considerably more, but a quick-thinking employee closed and locked the large door to the business safe as the robbers burst through the door.
“They actually came in through the front door. It’s the only way to get into the shop,” said Schaaf.
Schaaf is frightened when he watches the security video showing the six robbers. Four held guns during the robbery.
“It’s terrifying. It turns my gut inside out to think about what could have happened in here,” he said.