cannabis is still federally illegal under the Controlled Substances Act (CSA). For financial services providers, this means that transactions involving proceeds generated by cannabis activities may form the basis for prosecution under anti-money-laundering statutes...
Cannabis is still federally illegal and is included on Schedule 1 of the Controlled Substances Act (CSA), along with such other substances as heroin, fentanyl and methamphetamines.1 It is a federal crime to grow, possess or sell cannabis. Despite being federally illegal, 36 U.S. states and ...
Cannabis is still federally illegal and is included on Schedule 1 of the Controlled Substances Act (CSA), along with such other substances as heroin, fentanyl and methamphetamines.1It is a federal crime to grow, possess or sell cannabis. Despite being federally illegal, 36 U.S. states and t...
The cannabis space comes with risks since the substance is still federally illegal. Although the U.S. Food and Drug Administration recently held its first public hearing on cannabis and CBD, experts and analysts still say that it could still be a yearslong process to establish a legal path to...
Although medical use is legal in 33 American states and recreational use is legal in 11 states, cannabis is still federally illegal, which creates several issues for cannabis brands: For example, banks that operate nationally do not do business with cannabis companies and likely will not until ...
There’s ‘No Evidence’ Of Widespread Fentanyl-Laced Marijuana, Federally Funded Study Finds As JD Vance Again Sounds Alarm To The Issue Read Post » ALL NEWS Safer Banking Act ‘Is Not the Beginning of Easy Banking for Cannabis’ Expert States October 22, 2024 | Safer Banking Act ‘Is...
If a substance is federally illegal it moves beyond the purview of the FDA and, as mentioned earlier, into the authority of the DEA (Drug Enforcement Agency). Delta 9 THC-bearing cannabis, despite being legal in several states, is still illegal at the national level, meaning there are no ...
While hemp-derived CBD is federally legal in the United States under specific conditions due to the 2018 Farm Bill, marijuana-derived CBD still falls under various state regulations related to its use and possession due to its association with THC. Key differences between CBD and THC CBD and...
Federally marijuana is still illegal in the US, but many are waiting for the day that ends. The Beaver State Photo by Atanas Malamov on Unsplash The Beaver State In 2014 Oregon legalized recreational marijuana with Measure 91. In Oregon you can possess 1 oz, 8 oz homegrown usable at ...
As Canada’s five big banks have significant presences in the United States, Smitherman and others suspect their hesitancy is rooted in the fact that, despite nearly half of states now allowing its recreational use, cannabis is still outlawed federally in the US...