Overview of The Act
Major U.S. Federal drug control laws |
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1906 Pure Food and Drug Act |
Regulates labeling of products containing certain drugs including cocaine and heroin |
1914 Harrison Narcotics Tax Act |
Regulates opiates and cocaine |
1937 Marihuana Tax Act |
Required taxation of marijuana |
1961 Convention on Narcotics |
Treaty to control marijuana |
1970 Controlled Substance Act |
Scheduling list for drugs |
The Act levied a tax equaling roughly one dollar on anyone who dealt commercially in cannabis, hemp, or marijuana. The Act did not itself criminalize the possession or usage of hemp, marijuana, or cannabis, but it included penalty and enforcement provisions to which marijuana, cannabis, or hemp handlers were subject. Violation of these procedures could result in a fine of up to $2000 and up to five years' imprisonment.
Read more about this topic: Marihuana Tax Act Of 1937
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