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The War On Drugs Hurts Businesses and Investors

by Eric Sterling

“The drug war is weakening state institutions, infiltrating judicial systems and undermining rule of law,” all of which is bad for business, César Zamora, Nicaraguan businessman and vice president of the Association of American Chambers of Commerce in Latin America (AACCLA) told the Christian Science Monitor on February 16, 2012.

A criminal cancer is spreading.. Read the full article here

11 Ways Prohibition Hurts Your Business

By Eric Sterling

If you are an American capitalist, our drug policy hurts you. The return on your investments is reduced. Your expenses are higher than they need to be. The taxes you pay are higher than they ought to be. You face competitors who are financed by criminals enriched by our drug policy.

If you are an American, the crime created by drug prohibition takes money out of your pocket every day.

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Cannabis Banking Regulations

The final hurdle to legitimize the cannabis marketplace is banking. Money-laundering statutes make handling the proceeds of illegal drug sales a big no-no for banks.  Federal banking guidelines released on February 14, 2014 are a sweet-heart gift for the blooming cannabis industry. The Department of Treasury memo clarifies questions by banks regarding money laundering statutes. The memo allows state-based cannabis businesses to obtain credit, process charge cards and transition from all cash businesses. Read the memo for yourself.

 

Florida CAN Plan for Business & Government

Florida CAN supports a vigorous cannabis economy that meets the unique needs of patients, while embracing the recreational, ritual and industrial uses of the plant. A regulated market is a source of jobs, a source of tax revenue and it takes the underground economy and brings it into the sunshine. Endorse the Plan

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Hemp In Florida

Hemp under Florida law is illegal. What does that mean for businesses? A Volusia County pet store owner is currently, as of September 2014, being investigated for selling pet collars and supplements made from the hemp stalk. She faces possible trafficking charges for being an otherwise law-abiding business owner.

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