What Happened Yesterday Was A Real Shock To The Cannabis Industry Seemingly out of nowhere, the majority of the cannabis community interpreted a decision from the DEA to include CBD, extracted from hemp, into the CSA (Controlled Substance Act) as a schedule 1 drug. Schedule 1 being the highest level restriction and control. This proposal … Keep reading..
The short answer is, No. Since credit card companies like Visa, MasterCard, American Express, Discover et. al., primarily offer their cards through partnerships with federally regulated national banks, credit card transactions involving the sale of cannabis fall under the US Controlled Substances Act. Under this act, cannabis has been listed as a Schedule I drug, … Keep reading..
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