Prescribed narcotics would be OK as long as related doctor or company restrictions on operating heavy equipment or such were complied with. But in the US marijuana is still federally illegal. The feds usually don’t seek out prosecutions where states have legalized at the state level, but banks won’t accept business accounts if marijuana is sold because of the federal illegality, and businesses involving heavy machinery generally also still feel the legal risk of explicitly allowing marijuana use is too high.
Ah fair forgot it was still illegal at a federal level. Our situation is different as we’re a unitary state with limited devolution, it’s still a class B drug here criminally speaking but they moved it into a lighter schedule in other legislation so it could be prescribed like morphine, tramadol, that sort of thing for medical purposes. Recreationally, there’s no political courage for legalisation nor much moral authority for harsh prohibition either so the can gets kicked another generation.
Does that mean US recreational weed businesses are still largely cash based?
Prescribed narcotics would be OK as long as related doctor or company restrictions on operating heavy equipment or such were complied with. But in the US marijuana is still federally illegal. The feds usually don’t seek out prosecutions where states have legalized at the state level, but banks won’t accept business accounts if marijuana is sold because of the federal illegality, and businesses involving heavy machinery generally also still feel the legal risk of explicitly allowing marijuana use is too high.
Ah fair forgot it was still illegal at a federal level. Our situation is different as we’re a unitary state with limited devolution, it’s still a class B drug here criminally speaking but they moved it into a lighter schedule in other legislation so it could be prescribed like morphine, tramadol, that sort of thing for medical purposes. Recreationally, there’s no political courage for legalisation nor much moral authority for harsh prohibition either so the can gets kicked another generation.
Does that mean US recreational weed businesses are still largely cash based?