Category: Politics
take extra steps to track accounts for hemp-related businesses.3 days ago Federal Regulators Ease Hemp Banking Protocols Following Crop’s Legalization
Federal financial regulatory agencies are clarifying that banks no longer have to take extra steps to track accounts for hemp-related businesses. Before hemp and its derivatives were federally legalized under the 2018 Farm Bill, financial institutions were required to file suspicious activity reports (SARs) for accounts associated with the crop because it was a Schedule...
FBI investigating possible corruption in the US cannabis industry
The FBI is looking into potential corruption in the burgeoning U.S. marijuana industry – particularly in Western markets – and is seeking tips to investigate. “As an increasing number of states change their marijuana legislation, the FBI is seeing a public corruption threat emerge in the expanding cannabis industry,” FBI spokeswoman Mollie Halpern said on...
World Health Organization Calls for Cannabis Rescheduling
International drug treaties have long stood in the way of cannabis reform on the national level. But in newly issued recommendations, the World Health Organization (WHO) says it’s time to change course on how the United Nations categorizes cannabis. It’s the latest sign that the world is warming to the health benefits of a plant...
