Sec. 4. Protections for providing services to State-sanctioned marijuana businesses
110 words·~1 min read·
/bill/118/s/1323/is/section-4A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
For the purposes of sections 1956 and 1957 of title 18, United States Code, and all other provisions of Federal law, the proceeds from marijuana-related activities of a State-sanctioned marijuana business or service provider that conducts all of its marijuana-related activity in compliance with the marijuana-related law of the State, Indian Tribe, or political subdivision of the State shall not be considered proceeds from an unlawful activity solely because— the transaction involves proceeds from a State-sanctioned marijuana business or service provider; or the transaction involves proceeds from— marijuana-related activities described in section 2(19)(B) conducted by a State-sanctioned marijuana business; or activities described in section 2(17)(A) conducted by a service provider.