ELL TAL Cannabis Investment Report | December 2017
Federal Laws and Policies Impacting the Cannabis Industry
Justice Department Cole Memo Bank Secrecy Act Controlled — and Financial Substances Transaction
Act Laws
Treasury Department Rohrabacher- FinCEN Memo Blumenauer
Amendment
Securities
DRUG Federal Laws BANKING Law AND FOOD and Policies AND
‘alive REGULATION FINANCE (4
of 2014
Impacting the Cannabis Industry
Bankruptcy Law
Food, Drug, and Cosmetic Act
Internal INTELLECTUAL Revenue
PROPERTY Code
Patent Trademark
Act Plant Act
Variety Protection Act
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Controlled Substances Act
The Controlled Substances Act (CSA) is a federal law enacted in 1970 that places strict legal controls on the manufacture, distribution, dispensing and possession of any controlled substance listed on one of five schedules established by the CSA. The CSA is enforced primarily by the U.S. Drug Enforcement Administration, an agency of the U.S. Department of Justice. A controlled substance may be man- ufactured, distributed or dispensed in accordance with the CSA only by a person properly registered
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