According to the reports, the bipartisan group of congressional members sent another appeal to the Attorneys and acting administrative official of Drug Enforcement Administration, Uttam Dhillon and William Barr. As per this appeal, the congressional group has requested federal authority to speed up the research work on medical marijuana.
Medical or Adult use marijuana is still not legalized by the Federal Law in the United States. However, some of the leading states have made it legal within the state boundary. Medical Marijuana, in the recent past, has been proved to be not only efficient but also can treat many rare diseases. Unfortunately, due to not legalized medical marijuana is not getting much room for improvement. Not only the development has been restricted, but also there are no marijuana banking solutions to solve the financial issues.
Before this appeal, 26 applications were submitted before President Trump has come to power. The bipartisan group appealed for at least one of these 26 applications to be implemented as soon as possible.
Previous Applications on similar issues:
Slowing down the legalization and research on medical marijuana brings a lot of problems in the industry. As mentioned that there is no banking channel for the business, it is hard for the manufacturers as well as patients to accept and make the payments for their substances.
Some of the private companies have come up with cannabis payment processing that helps the manufacturers to make and accept payments through merchant services for cannabis business.
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