The Department of Veterans Affairs is denying home loans to veterans if they work in the cannabis industry, according to a letter sent May 23 to VA Secretary Robert Wilkie from Rep. Katherine Clark, D-Massachusetts, and 20 other members of Congress. The lawmakers want answers as to why one of Clark's constituents and other veterans were rejected for VA home loans after citing their income sources as marijuana cultivation, sales or related services in states where it is legal. According to Clark, the VA denied a veteran's application because "approving it would risk prosecution by U.S. Department of Justice under anti-money laundering statutes." Marijuana remains a Schedule 1 drug, illegal under federal law. Read more about the denials on Military.com.
Vets Denied VA Home Loans if They Work with Cannabis
