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Good problems to have in the Last Frontier – where the Alaska state government is trying to figure out what to do with the anticipated influx of cash from legal cannabis sales.

“It’s an uncharted territory. … We don’t have any precedent to go off of, really,”

said Claire Lettow, regulations specialist for the state Tax Division.

No banking institutions in the state have shown they are willing to work with cannabis businesses yet, which presents a huge issue with Alaska’s Department of Revenue estimating that it will take in between $5.1 million and $19.2 million in tax revenue from legal cannabis sales in 2016.

The state has plans of hiring an auditor and tax technician to handle potential issues, but have noted there’s no bandwidth to invest in other options – like armored vehicles for secure transport.

Storing large amounts of cash from legal cannabis sales has been one the most severe issues plaguing the cannabis industry since legalization. Although there have been marginal successes in Colorado and Washington, the road for equal banking treatment continues to be a bumpy one.

The state plans to hold 3 workshops where the general public can share their opinions on the matter. Please find dates and locations below.

Fairbanks: Tuesday, Sept. 29, 12:00 p.m. to 2:00 p.m.

Legislative Information Office, 1292 Sadler Way, Suite 308

Teleconference: 844-586-9085

Juneau: Thursday, Oct. 1, 11:00 a.m. to 1:00 p.m.

Centennial Hall, 101 Egan Dr.

Teleconference: 1-800-315-6338

Access code: 86539

Anchorage: Wednesday, October 7, 11:00 a.m. to 1:00 p.m.

Atwood Building, 550 W. 7th Ave, Suite 104

Teleconference: 1-800-315-6338

Access code: 86539

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