Oct 132014
 October 13, 2014

dea emails marijuanaThe United States D.E.A. is a menace. They always have been, and they always will be until they are de-funded and shut down. The last thing the D.E.A. wants is to see the marijuana industry flourish, whether it be in the United States or abroad. Recently Reuters published an article discussing how the D.E.A. is taking a hard look at the Canadian marijuana industry to see who from the United States has invested there. Per Reuters:

U.S. investors in Canada’s medical marijuana industry are betting they will not fall under the scrutiny of U.S. law enforcement officers – but it is a risky bet.

With marijuana still illegal on a federal level in the United States, American investors in Canadian medical marijuana can be seen as violating the Controlled Substances Act, according to some U.S experts. And the use of the banking system to transfer the proceeds of such investments could be seen as money laundering.

The U.S. Drug Enforcement Administration has already been tracking investments made in state-sanctioned marijuana business in the United States. When asked by Reuters about the DEA’s view of U.S. investments in Canadian marijuana, DEA spokesman Rusty Payne said the agency is “most interested in those types of activities.”

After the Reuters article was published, Canadian marijuana stocks dropped sharply. Whether or not the D.E.A. scrutiny and dropping stock prices are related is hard to tell. When will the D.E.A. go away, forever? What is the harm in investing in the marijuana industry, whether it be in the United States, Canada, or anywhere else?

Comments

comments

About Johnny Green

Dissenting opinions are welcome, insults and personal attacks are discouraged and hate speech will not be tolerated. Spammers and people trying to buy or sell cannabis or any drugs will be banned. Read our comment policy and FAQ for more information

  8 Responses to “DEA ‘Most Interested’ In U.S. Investors In Canadian Marijuana Industry”

  1.  

    The only justification for watching these investors should be to determine if they are gang/cartel related. That’s the only reason the DEA should even exist.

  2.  

    This is frightening in so many ways.

  3.  

    What a major abuse of power. Oops now they are looking at me just because I said that…just kidding… The thing is they do not listen to reason and they will fight for there charter as long as they can. They do not want to loose there cushy gov. Jobs with nice give bennifits and pension. Prohibition does not work. Get over it and leave good people alone.

  4.  

    What about America’s investment in Israel and their medical cannabis?

  5.  

    All of this can be traced directly to the president. He promised to back them off random drug raids on dispensaries for no apparent reason, but to date he hasn’t come through on that promise.
    The drug cartels and gangs should comprise 99% of the DEA focus, not individual citizens and properly operating dispensaries. The problem with this analogy seems to be that it’s so much easier to mess with the little guy than taking on armed gangs and cartels. Busting someone for growing a couple of MJ plants is a total waste of money and resources and does nothing other than further tarnish their already blemished record.
    If our law enforcement resources were focused on the cartels and gangs that intentionally and arrogantly break the law rather than everyday citizens who are typically minding their own business and not bothering anyone around them, we wouldn’t be having this conversation.

    •  

      I think the raids are what Obama is referring to “letting the courts decide” so he doesnt have to. We can only hope Obama is getting his legal ducks in a row to be on the right side of history before he leaves office. Legalization is a must if he wishes to have a chance at making healthcare affordable for all.

  6.  

    I thought the feds would want Canada’s new big business corporate overlord control model that Canada has recently implemented? That way, when it is “legal”, they can have full control of the means of production and criminalize mom/pop operations for starting a revolution.

 Leave a Reply