3 ms·

Unfortunately not. Until federal laws change (which might be soon) we can’t bank anything marijuana related.

• serf 7y ago
  hemp isn't marijuana (referring to psychoactive cannabis strains), by design. (and less importantly (imo), marijuana is a slang term born from racist origins.[0][1]) I think that you mean 'cannabis related'. Sorry if there is a perceived pedantry on my part; I just think that the distinction is important both conceptually and legislatively, especially given that other countries have understood the distinction between hemp and other cannabis products for some time. [0]: https://www.theguardian.com/society/2018/jan/29/marijuana-name-cannabis-racism https://www.theguardian.com/society/2018/jan/29/marijuana-na... [1]: https://splinternews.com/the-racist-strain-of-marijuana-1822511845 https://splinternews.com/the-racist-strain-of-marijuana-1822...
  • immad 7y ago
    Makes sense. Thanks for clarifying. Is hemp a controlled substance federally too?
    • zdragnar 7y ago
      Hemp was removed from the Controlled Substances Act at the end of 2018 [0]. However, I would not be surprised if there were additional state level regulations, though I haven't really looked yet. [0] https://www.fda.gov/newsevents/newsroom/pressAnnouncements/ucm628988.htm https://www.fda.gov/newsevents/newsroom/pressAnnouncements/u...
    • dumbfoundded 7y ago
      Hemp is regulated as an agricultural commodity by the USDA. My company based in Oregon is licensed by the Oregon Department of Agriculture. Whereas in cannabis legal states, cannabis is regulated by something mirroring alcohol/tobacco, hemp is very different.