DEA ‘Most Interested’ in Americans Who Invest in Medical Marijuana Industry in Canada

By Steve Neavling
ticklethewire.com

The DEA said it is “most interested” in U.S. residents who invest in Canadian medical marijuana, Reuters reports.

Some experts say those investors are violating the Controlled Substances Act because pot is still illegal on the federal level. Using a bank to transfer funds also could be considered money laundering.

Reuters asked about the DEA’s position on these types of investments, and the agency’s spokesman said the DEA is “most interested in these types of activities.”

The news caused a brief decline in shares in medical marijuana companies because a recovery.

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