This word is acceptable for play in the US & UK dictionaries that are being used in the following games:

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adj. Tending to mislead; deceptive.

adj. Deceptive or tending to mislead or create a false impression.

v. Present participle of mislead.

adj. Leading astray; delusive.

Tending to lead astray; deceptive: as, a misleading theory.

adj. designed to deceive or mislead either deliberately or inadvertently

"The Veterans of Foreign War called the pot group use of the acronym "misleading and illegal,""

dishonorable    dishonest   

unmisleading   

delusive   

mislead   

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