We’ve made strides to legalize the industry, yet Marijuana is still classified as a Schedule 1 Drug, placing it on par with MDMA, Mescaline, GHB, and Heroin. This is the result of an antiquated law from 1970, created during an era lacking understanding and rife with paranoia. Almost 50 years later and despite the proven medical benefits of cannabis and so many votes for legalization, we continue to feel the backlash. Holding on to this antiquated status gives the federal government carte blanche enforcement to override the will of the people.
“The Feds” still consider Ganja money to be “Drug Money” and further define its entry into the banking system as “Money Laundering.” They feel entitled to seize said funds as they are identified to be operating in the banking system. Essentially, the government is forcing these legitimate businessmen to launder their own money and then seizing it when they find “suspected money laundering activity”. This is simply unjust for a democratic government to do to its people. This behaviour leads to widespread distrust of government and with good cause, considering how unethical some of these practices appear to be.