Legal Marijuana Businesses Seek Financial Security

Legal marijuana business owners are making money faster than they can count it, but they have no legal place to put it.
3:00 | 02/18/14

Coming up in the next {{countdown}} {{countdownlbl}}

Coming up next:

{{nextVideo.title}}

{{nextVideo.description}}

Skip to this video now

Now Playing:

{{currentVideo.title}}

More information on this video
Enhanced full screen
Explore related content
Comments
Related Extras
Related Videos
Video Transcript
Transcript for Legal Marijuana Businesses Seek Financial Security
This is world news beyond the headline I'm Clayton -- in Denver thanks for hanging out with us. Today we're talking about the real danger in -- medical and recreational marijuana industry in this country. Because business owners a legal business owners are making money faster than they can count it but they have no legal place to put it. The banks say the because marijuana is still illegal federally they will not allow these companies to open accounts. So many companies are turning to private security companies like the Blue Line protection group. There we met a very fascinating character a guy named -- pap -- -- He's a guard there but he also used to be a Russian special forces sniper. And he also spent time as a cop in the NYPD. We caught up with him just as he was about to hit the streets some serious stuff here. That's there to -- -- but someone what is this if yours if the worst happens -- westamerica. Martin one used to go to mountain site Newton. It's my personally they are misses hear of last resort this -- my last resort this is not a got a -- -- -- -- -- -- Now as a precaution I -- where this bulletproof vests during the time we spend with Leo and his team but thankfully there were no incidents that day. But if you ask the banking industry and the marijuana business owners as long as they are forced to carry around and deal with tens of thousands of dollars in cash. There's going to be a need for guys like -- published in. And it will only take an act of congress to change the banking laws allowing these businesses to have an actual account where they can safely keep their money. For ABC news and Yahoo! News I'm Clayton -- -- you can follow me. At Clayton underscore -- -- thanks for watching.

This transcript has been automatically generated and may not be 100% accurate.

{"id":22572819,"title":"Legal Marijuana Businesses Seek Financial Security","duration":"3:00","description":"Legal marijuana business owners are making money faster than they can count it, but they have no legal place to put it. ","url":"/GMA/video/legal-marijuana-businesses-seek-financial-security-22572819","section":"GMA","mediaType":"Yahoo Only"}