Can Federal Employees Invest In Pot Stocks

Investors should not dismiss the potential risks but the current. You might be surprised to find out that in some industries employers actually have a say in what employees can invest in.

Pentagon Hazy On Legality Of Pot Company Investments For

can federal employees invest in pot stocks

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Even in cases where the subject himherself isnt directly choosing the stocks he or she has the responsibility to stay informed and avoid violating the federal law.

Can federal employees invest in pot stocks. If you work for the defense department owning one of the most talked about and potentially lucrative stocks on the market may put your job in jeopardy. Can you ever be fired for investing in marijuana stocks. In this article youll learn which industries this most commonly occurs in.

Anytime you invest you need to know what youre getting into and as always do your research. While federal law and dod policy remain opposed to possession use manufacture sale or distribution of pot rapid changes to the burgeoning quasi legal weed industry have raised questions among. An email from the air combat commands acc headquarters stated the dodcaf considers investments in marijuana related companies as involvement which is prohibited.

If my answer does help you please consider. To keep your security clearance make sure your pee and. A detail many forget is that even in states that have passed state laws allowing marijuana it remains a crime under federal law meaning you risk jail and termination.

Can federal employees invest in medical marijuana. Looking to invest into the this hot market but not sure if i can. Despite the high risks many investors have been considering investing in marijuana stocks.

Meaning does your employer have any say in what you can and cant invest in. The defense department says service members contractors and civilian employees can lose security clearances if they invest in cannabis. Cannabis stocks have been on fire but a recent policy change by attorney general jeff sessions threw water on the rally.

Possession of marijuana is no longer prohibited under oregon law under certain circumstances but it remains prohibited by federal law. Federal employees and contractors who simply own stocks in cannabis related companies could have problems maintaining the security clearance required to do their jobs experts told marketwatch. As such it is a violation of federal law for anyone to conspire to engage in the sale and distribution of marijuana whether theyre federal employees or not.

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