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$LXRP New eSchool Seeks to Educate Financial Service Providers About Cannabis Businesses

The road to mainstream acceptance hasn’t been easy for cannabis. The industry has made a lot of steps in the right direction, but there’s still a long way to go. For decades, the crop was classified as a controlled substance, right next to hard drugs like heroin and cocaine, and this has cast a shadow that cannabis hasn’t been completely able to shake off.

As 2018 drew to a close, Congress passed the Farm Bill, legislation that legalized industrial hemp and allowed farmers to grow it under state and tribal programs. One condition was that the hemp had to have less than 0.3% THC (delta-9 tetrahydrocannabinol). THC is the chemical in marijuana that creates the psychoactive…

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Thursday, January 30th, 2020 Uncategorized