Extroverting
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Green rush turns brown for some cannabis companies
Cannabis is not an industry for the timid. The plant remains federally illegal, with little movement toward change. Banking continues to be an issue, and legislative relief seems to be a low priority. Businesses can’t claim standard tax deductions, and rules vary wildly from state to state. And don’t forget plunging… …
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Analysis: Legalization Has Significantly Displaced Canada’s Illicit Cannabis Market
“Implementation was followed by an immediate reduction and sustained declining trend in the illegal cannabis market.” The post Analysis: Legalization Has Significantly Displaced Canada’s Illicit Cannabis Market appeared first on NORML.
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Massachusetts social equity advocates lobby against loosening cannabis licensing rules
The Massachusetts cannabis industry has continued to grow in recent years, and social equity advocates want to rein in state lawmakers who want to let regulators issue even more business permits. The goal is to protect the market share of small cannabis companies that have yet to really find their… …