Sam Znaimer, a big Canadian businessman, known for investing into his country’s burgeoning marijuana companies, has been banned for life from entering the United States.
Znaimer is the latest Canadian who is announced banned for life from entering the southern neighbor.
Sam Znaimer told CTV News:
“I was truly shocked by what happened to me.”
Despite the US federal government deeming marijuana as an illicit drug as bad as cocaine or heroin, there are nine US states where recreational cannabis is legal and 30 others that have legalized medicinal weed.
The venture capitalist Znaimer is well-known for investing in technology companies and marijuana startups. He also gives speeches to potpreneurs and at times offers advice on the best way to meet regulatory requirements.
“In the course of four hours, [Homeland Security] never did ask [about consuming marijuana] and I believe that was because they want to send a message to Canadians that it has not only to do with your personal behaviour but whether in any way you have invested in these companies,” Znaimer said.
“What amazes me is this doesn’t only impact people like me who are professionally involved, but there are thousands or tens of thousands of Canadians who have invested in companies with actives in the cannabis industry in the US.”
Another who received a lifetime ban
Znaimer’s story comes after another Canadian has recently received a lifetime ban from entering the US for selling cannabis equipment.
Jay Evans, CEO of Keirton Inc., an equipment manufacturer, received a lifetime ban when US border guards discovered some of his machines are used by cannabis producers, The Toronto Star reported last week.
Evans is among other Canadians who are feeling the change at the border as their country inches closer to legalize recreational cannabis on Oct. 17.
Canadians, who are involved in the cannabis industry, are also been labeled “inadmissible” since they are living off the profits of the marijuana trade.
Meanwhile, banned travelers can nevertheless apply for a waiver, which costs $600 plus legal fees and only lasts for one to five years if approved.[share-btn]