What is the legality of marijuana on the federal level in the US? I was under the impression that even if marijuana is legal on a state level you can still get in trouble for it.
Microsoft is the first big company to say it's serving the legal marijuana trade
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Re: Microsoft is the first big company to say it's serving the legal marijuana trade
#12What is the legality of marijuana on the federal level in the US? I was under the impression that even if marijuana is legal on a state level you can still get in trouble for it.
Edit: as others have pointed out, I was incorrect in lumping in the IRS with the rest of the federal banking system. The IRS does indeed accept money from marijuana businesses. There are other parts of the federal banking system that are not so "accepting", for instance: http://www.denverpost.com/2016/01/05/judge-tosses-denver-mar...
Re: Microsoft is the first big company to say it's serving the legal marijuana trade
#13This makes sense. As a big player in enterprise, Microsoft is recognizing that there's a new industry that's vastly under served.
Massively underserved. I live in Denver and have friends with ownership stakes in local dispensaries. The quality of their software solutions (mainly POS/Compliance) is laughable. Edit: This ( http://www.mjfreeway.com/ ) is the defacto standard. I kid you not it went down for 2 weeks ~a year ago after scheduled maintenance went wrong. At the time it had ~50% market share, this left dispensaries around the country doi…
Can they treat the product like cold/allergy pills that have to be watched, or does there have to be legal information specific to each "SKU"/item-type???
Re: Microsoft is the first big company to say it's serving the legal marijuana trade
#14Re: Microsoft is the first big company to say it's serving the legal marijuana trade
#15/s
Re: Microsoft is the first big company to say it's serving the legal marijuana trade
#16Good. Maybe they can open a cafe on their campus to sell recreational versions so their people can test their tech and try the product. It'd make many developers I know want to work for Microsoft.
The biggest pothead team at Microsoft was the Internet Explorer guys. So if you want another 20 years of calculating bounding rectangles incorrectly, by all means let's get the rest of the company baked.
Re: Microsoft is the first big company to say it's serving the legal marijuana trade
#17Good. Maybe they can open a cafe on their campus to sell recreational versions so their people can test their tech and try the product. It'd make many developers I know want to work for Microsoft.
The biggest pothead team at Microsoft was the Internet Explorer guys. So if you want another 20 years of calculating bounding rectangles incorrectly, by all means let's get the rest of the company baked.
Re: Microsoft is the first big company to say it's serving the legal marijuana trade
#18Re: Microsoft is the first big company to say it's serving the legal marijuana trade
#19What is the legality of marijuana on the federal level in the US? I was under the impression that even if marijuana is legal on a state level you can still get in trouble for it.
It is indeed illegal on the federal level. Currently everyone is just an executive order away from crack down on all of it. The guidance that the Obama Administration has been using is not to enforce the law in states where it has been legalized (though they have been cracking down on cases where dispensaries open within 1000 ft of a school). That said, a new president could do whatever they wanted and a crackdown wo…
Re: Microsoft is the first big company to say it's serving the legal marijuana trade
#20What is the legality of marijuana on the federal level in the US? I was under the impression that even if marijuana is legal on a state level you can still get in trouble for it.
Yes, it's still very much illegal federally. It's still a Schedule I controlled substance. The federal banking system / IRS refuses to interact with marijuana businesses, the postal service won't mail ads for it, the DEA continues to raid growers, etc, etc. Edit: as others have pointed out, I was incorrect in lumping in the IRS with the rest of the federal banking system. The IRS does indeed accept money from marijua…
What does that mean? Surely the IRS still wants their money? It would seem to put the IRS and marijuana businesses in an awkward position...