Cannabis Industry Awaits Trump’s Decision on Legal Marijuana

unnamedIt’s safe to say that the legal marijuana industry has faced many and seemingly endless obstacles. With a new administration, legal marijuana merchants have been holding their breath to see whether the Trump administration plans to snuff out the industry. So far, no news seems to be good news.

Following a visit to Las Vegas in March, Brookings Institution’s John Hudak, an expert on marijuana policy, said it was too early to tell what the Trump administration’s next move would be. After a second visit the end of October, Hudak shared that not much has changed in terms of policy coming out of D.C. Even though much is being discussed about marijuana policy, no further actions have been taken to crack down on the industry.

In early September, President Trump agreed to continue the ban on using funds to interfere in states’ legal cannabis practices in his temporary budget-dealing with Democrats. Although, many are waiting to see what the government stance will be in the coming year. This budget agreement involved approving hurricane relief, federal spending and raising the debt ceiling through the end of the year. It also included a Rohrabacher-Blumenauer clause (a.k.a Rohrabacher-Farr), which serves to protect state medical marijuana programs from federal intrusion until Dec. 8, 2017.

According to Forbes, “The clause stipulates that the U.S. Department of Justice may not use any of its funds to prevent states, the District of Columbia, or Puerto Rico from ‘implementing a law that authorizes the use, distribution, possession, or cultivation of medical marijuana.’”

So what forces are giving pause? After all, the attorney general’s most recent comments included increasing enforcement and having the federal government play its more traditional role. However, no action has been taken. The first possible reason why could be new considerations.

In his interview with The Las Vegas Sun, Hudak explained that “when you’re moving from the Senate into running a very large Cabinet department you have new considerations. You have to think about things in new and different ways, and you have a new constituency. So there’s a learning curve.”

The second consideration seems to be resources. With each day that passes, it becomes harder and harder for the Justice Department to shut down recreational marijuana. There are now many legal medical and recreational marijuana companies throughout the U.S., with more joining soon in California, Massachusetts, Maine and Nevada. The industry has simply become too big to close down entirely.

The bottom line? As more time passes and marijuana businesses are left untouched, those in the industry are becoming more and more hopeful. Only time will tell what the outcome will be for the Trump and marijuana situation. Even so, the cannabis industry continues to be difficult for businesses to navigate. One of the largest obstacles continues to be the lack of payment processing services. Still unwilling or unable to take on the risks, traditional lenders stay away. For marijuana merchants seeking a way to safely process credit and debit card transactions, the best place to secure services continues to be through an alternative provider like Marijuana Merchant Account.


Congress Ends the Ban on Medical Marijuana

Marijuana Merchant ProcessingA provision made in the 1,603 page Federal Spending measure that was approved in December 2014, effectively ends the federal government’s involvement in state legal medical marijuana laws. This is the first time in history that Congress has allowed this change, ringing in a major shift in drug policy for the year 2015.

The Congress passed this measure due to this year’s large number of Republican Party votes. It is the first time in history that Republicans and Democrats had a favorable vote to legalize marijuana. The measure stops the Department of Justice and the DEA from intervening with states that authorize medical marijuana use, cultivation, distribution or possession. It would also prohibit the FDA from raiding retail operations in the 32 states and Washington D.C. where marijuana is legal under medicinal purposes.

Republican Rep. Dana Rohrbacher, a notable figure in the Republican Party’s advocate to legal marijuana states, “The first time in decades that the federal government has curtailed its oppressive prohibition of marijuana”. The major push for the bill, would also appeal to the new millennial voters as Election Day comes around the corner. Even with the new law passed, the DEA remains to classify marijuana in the same drug class as cocaine, heroin, LSD, and ecstasy.

Many Republicans are shifting from their traditional anti-drug stance to gain voters that live in states where medical marijuana is legal, mainly in part to ballot measures. Statistics show that Republican votes will be less than the majority of the public to support legalization of marijuana, but as a large appeal to millennials, the Republican Party are focusing on creating inroads with them.

The approval of the marijuana measure has made the selling and buying of marijuana safe under state laws. If you live in a state that allows medical marijuana use, now would be the appropriate time to open a marijuana merchant processing account to start accepting payments for your shop. has industry knowledge on setting you up with the lowest rates and fast, easy-to-use programs to start processing credit/debit cards.

It has been a large part to the Obama administration for directing federal prosecutors to stop enforcing drug laws that contradict state policies. The federal raids of legal marijuana operations have been limited to those who have been accused of other violations such as money laundering. With the new marijuana law in place, money spent on crime enforcement and be focused elsewhere that needs attention.

Need Marijuana Payment Processing? Contact us today!

Merchant Account Sign Up

New 2017 President Could Stop All Progress for Marijuana Legalization

Marijuana Legalization

The new President that steps into office in January 2017 could bring good or bad news regarding the legalization of marijuana. Over the recent years, the marijuana prohibition has been lowering their walls across several states such as Colorado and Washington with Oregon following suit. The tremendous progress aimed towards the use of Marijuana for medical purposes has made a strong political stance on this matter.

The impact made by Rep. Earl Blumenauer (D-Ore.) is evidence that pro-legalization efforts are being noticed at the capital. Blumenauer is one of the several lawmakers striving to make changes. “About a dozen bills were introduced in 2013, several by Blumenauer himself, aimed at limiting the federal government’s ability to interfere with states’ legal marijuana programs. Last year, Rep. Jared Polis (D-Colo.) introduced the Ending Federal Marijuana Prohibition Act, which would direct the U.S. Attorney General to issue an order that removes marijuana in any form from all schedules of controlled substances under the Controlled Substances Act. If passed, Polis’ measure would effectively end the federal government’s prohibition of marijuana.”

While those bills were not passed, there is much to be optimistic about as both the front-runners for the 2016 Democratic and Republican presidential candidates are responding with generally supportive comments with former Secretary of State, Hilary Clinton saying she supports medical marijuana “for people who are in extreme medical conditions”.

The debate still goes on whether or not legalization of marijuana will progress or falter in the upcoming years, but in regards to other government economic concerns and expenses, marijuana legalization just might be the answer to our nation’s debt crisis.

If your dispensary needs marijuana processing solutions today, contact us.

Merchant Account Sign Up