Almost 20 years after particular person states started permitting hashish for use for medicinal functions, many licensed dispensaries nonetheless can’t settle for credit score or debit playing cards as a result of fee processors received’t take them on as shoppers.
Additionally they have hassle getting loans from conventional banks, the place hashish firms are considered as high-risk shoppers.
Ever because the Managed Substances Act was signed into legislation in 1970, federal regulators have grouped hashish along with among the most restricted medicine in America, resembling heroin and LSD.
This classification, often called Schedule I, is reserved for medicine the federal government believes haven’t any identified medical profit and a excessive danger of dependence. Manufacturing, shopping for, promoting and possessing Schedule I managed narcotics with out particular authorization is a federal crime.
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