Not exact matches
Even though medical marijuana is legal in California,
cannabis companies are still at risk of being shut down
because the
laws are still being developed.
While 30 percent of
cannabis companies have a bank account, no
cannabis company can accept debit or credit cards
because companies like Visa and Mastercard will not give the industry merchant accounts until federal
law changes.
Landlords who finance their buildings through a federally insured bank could be in legally murky water if they choose to rent to a
cannabis tenant
because the plant is still illegal under federal
law.
Banks and insurance companies refuse to do business with
cannabis companies
because marijuana is illegal under federal
law and most financial institutions are federally insured, forcing marijuana businesses to operate in cash.
«While I am proud of California's legal
cannabis law, I can see why saying this to you can be misinterpreted
because you are not 21,» Lieu wrote in reply to Kashuv about the post.
As
cannabis legalization rapidly evolves, in both medical and recreational usage, understanding the
laws» effect on young people is crucial
because this group is particularly vulnerable to the adverse effects of marijuana and possesses an inherent elevated risk of developing a
cannabis disorder.
Because federal
law continues to outlaw the production and sales of
cannabis aside from the CBD oil and hemp seed oil from hemp plants, it is illegal for states that have legalized
cannabis to sell products across state borders.
The catch is that they can only interpret within the bounds of the
law so, for example,
because cannabis is a Schedule 1 Controlled Substance, classified at the same level as heroin and ecstasy, a first - time, non-violent offender convicted of dealing
cannabis can end up in prison for a very long time, possibly for life.
Because of state
law variations regarding
cannabis, some online business loan companies may not fund.
But the DEA has labeled the CBD hemp extract as a prohibited drug under federal
law because it is derived from a
cannabis plant.
How did weed
law...
because I'm going to call it weed
law because cannabis --
Not really,
because the
law changes at a snail's pace and I don't see that
cannabis becoming more prevalent suddenly leads the court to say, «Oh, we have to open up the Patent Act.
Seven states so far have legalized
cannabis for recreational use and medical marijuana is legal in 21 other states, but federally - funded banks can not serve the needs of
cannabis - related businesses,
because it is still an illegal drug under federal
law.