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Transcripts for CNN CNN Newsroom 20140222 20:00:00

and nearly $2 million on industry oversight. i don t think the people buying marijuana want the tax money to be used to discourage adults from buying marijuana. reporter: while not everyone agrees on how that money should be spent, and although still early, there s no denying the apparent economic boost. that s come from recreational pot sales. right now, colorado and washington state are the only places where recreational pot is legal, and washington is still working through how to regulate sales, but we know at least eight other states from california to maine considering this, and when they look at the kind of money colorado is making from taxing marijuana, you ve got think that s going to have some kind of influence over their decision. fred? all right, thanks so much, ana. the next hour of the cnn newsroom starts right now.

Transcripts for CNN Your Money 20140222 19:16:00

industry oversight. i don t think the people who are buying marijuana want the tax money to be used to discourage adults from buying marijuana. reporter: while not everyone agrees how that money should be spent, and although still early, there s no denying the apparent economic boost. that s come from recreational pot sales. of course, right now, washington and colorado are the only two states where recreational pot is legal, and washington is still working through its regulations for sellin pot, but we know at least eight other states that are considering this from california to maine, and you have to think when they look at the kind of money colorado is projecting to make from taxing marijuana, that could have some influence, christine? thank you. facing the legal pot industry, the challenge, banking. the obama administration says it s okay for banks to offer services like checking and savings and loans for the legal

Transcripts for CNN CNN Newsroom 20140222 17:00:00

kind of money colorado is making from taxing their marijuana, you think that s going to have some kind of influence over their decision. fred? thanks so much. in colorado. much more straight ahead in the cnn news room and it all begins right now. captions by vitac www.vitac.com hello, again, everyone. here are the top stories we re following. businesses that won t serve gay people, a new bill allows just that in one state, but will the governor sign it? and fast moving developments today in ukraine. a former prime minister released from jail as a president is out. we ve got the latest details. and it was a special moment at the vatican. the old pope and new pope face to face. we have that and much more starting right now.

Transcripts for CNN Legal View With Ashleigh Banfield 20140221 17:17:00

is legal. and washington still working through some of the regulations on sales of recreational marijuana. but we have learned there are at least eight other states from colorado to maine that are considering this, and you have to think, when they see the type of money colorado is making or could be making from taxes, that that would certainly have some kind of influence over whether or not they decide to follow suit. deb? no question about that. all right, ana cabrera, thanks so much. appreciate that work. let s expand the conversation about marijuana and all the tax money that colorado now expects to reap from it. joining me from denver is ricardo backo, marijuana editor for denver post and the fact that the paper actually created a job with that title says a lot. now the executive director of the marijuana industry group says that pot is on its way to becoming a billion-dollar industry. could it get that big? well, you know, it s not only the industry who is saying that, but

Transcripts for CNN CNN Newsroom 20140221 14:19:00

states where recreational pot is legal. washington is working through how it is going to regulate the sales. we know of at least eight other states that are currently considering this from california to maine and you ve got to think when they see the type of money colorado is projecting to ma make on taxing marijuana, that will probably have influence. i think so in these tough economic times. ana cabrera from denver. still to come, taxpayers turning a profit on the financial crisis. fannie mae and freddie mac cutting final checks. christine romans has that story. reporter: the battle days of the bailout, this one, one of the most ugly, expensive of the financial crisis, taxpayers shouldering a huge burden. but they re getting a paycheck. not all taxpayers are happy about it. i ll tell you why after the break. ses at the age of 80. helps reduce the risk of heart disease.

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