Cannabis is the most commonly used illicit drug on the planet. Nevertheless, there is still no consensus regarding the effects of cannabis use on cognition, specifically on executive function (EF). However, most cannabis users are moderate users. The objective of this study was to evaluate executive functioning and its components (working memory, cognitive flexibility, and inhibitory control), decision making, and impulsivity, in moderate cannabis users (nondaily) without dependency symptoms. Thirty undergraduate users and 30 nonusers (control) were recruited for the study. The Trail Making Test (Part B), Iowa Gambling Task, Stroop Task, Digit Span Backwards, Barratt Impulsivity Scale, and Severity of Dependence Scale were used. In the results, moderate users presented no deficits in relation to nonusers in EF, decision making, and impulsivity.