America’s state-legal cannabis industry has been on a roll for the past few years. Cannabis companies have sold billions of dollars’ worth of products, created hundreds of thousands of new jobs and provided state coffers with millions of dollars in revenue. However, marijuana’s classification as a federally controlled substance has held the nascent but lucrative industry back, preventing cannabis companies from accessing crucial financial services, placing strict restrictions on marketing and advertising, and making interstate commerce nearly impossible.
A group of cannabis activists is now urging businesses in the cannabis space to help them ask governors from key marijuana states to seek guidance from the federal government on what interstate cannabis trade between states with legal markets would look like. While this guidance would undoubtedly be provided by…
CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.
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