The Plight Of Medical Marijuana Industry: Caught Between State’s Law And Federal Ban
Those trying to operate in the state find it difficult to navigate the tricky line between what they can do because of state law versus what's enforced at a federal level.
The New York Times:
Medical Marijuana Is Legal In California. Except When It’s Not.
In what may be a sign of things to come after the drug’s broader legalization, medical cannabis companies like CannaCraft — which have operated in a quasi-legal, unregulated market, or gray market, for the past two decades in California — continue to be whipsawed by the glaring contradiction between a federal ban on marijuana and still-evolving state laws that should, in theory, shelter the companies from prosecution. Cannabis enterprises deal almost exclusively in cash because banks, fearing federal consequences, will not take their business. (Fuller, 11/21)