Legal challenges for the cannabis industry
Journal of Money Laundering Control
ISSN: 1368-5201
Article publication date: 18 May 2020
Issue publication date: 18 May 2020
Abstract
Purpose
The purpose of this paper to examine laws and regulations applicable to cannabis in the USA and the UK, including legal reforms and international treaty obligations.
Design/methodology/approach
This study relies on primary data from statutes and secondary data from online and offline resources, including relevant case studies.
Findings
Federal laws in the USA and existing UK cannabis legal regime generally prohibit recreational use of cannabis. Increasingly, various individual states in the USA have enabled the use of cannabis health-related uses, thereby challenging the status of the UN treaties on drug enforcement. As the USA struggles to reconcile the conflicts between federal law on cannabis and individual states within its borders, much of the rest of the world, including the UK, are struggling with how best to reconcile their domestic positions with their UN treaty obligations.
Social implications
Recent disclosures of past recreational use of prohibited drugs by several candidates vying to be the UK Prime Minister suggests why understanding the laws governing the use of cannabis is useful and relevant to the general public.
Originality/value
This paper provides a general but integrated review of national laws in the USA and the UK, as well as international treaties governing the use of cannabis.
Keywords
Citation
Yeoh, P. (2020), "Legal challenges for the cannabis industry", Journal of Money Laundering Control, Vol. 23 No. 2, pp. 327-340. https://doi.org/10.1108/JMLC-06-2019-0049
Publisher
:Emerald Publishing Limited
Copyright © 2020, Emerald Publishing Limited