Cannabis policy is confusing. The trouble is that federally, cannabis is a Schedule 1 drug meaning it’s completely and totally illegal. However, it’s decriminalized or even fully legal at the state level depending on where you are in the U.S.
As an everyday consumer, federal law isn’t such a big deal. But if you’re an investor looking to throw money around and make a profit, federal law can matter a great deal.
CNBC offers some advice on the topic in their segment ‘Getting Rich Off Weed‘, providing insights from big names in the cannabis industry. This is a must watch if you’re interested in joining the industry, or just curious about the inner-workings of the green rush!