The effects (and financial costs) of the most recent government shutdown are continuing to reveal themselves, sometimes in surprising ways. One relatively under-the-radar development relates to the progression of cannabis-friendly legislation being introduced in the U.S. House and Senate. As more and more states legalize cannabis in both its medical and recreational forms, the federal government is feeling pressured to act. Given the stark conflict between cannabis’ federal classification as a Schedule I controlled substance and states’ willingness to legalize, tax, and regulate cannabis, the federal government faces a fairly binary choice—step up and begin enforcing anti-cannabis laws against the states (potentially winding up in court), or working to find a compromise that will allow states and the federal government to more freely regulate cannabis financing, cultivation, and sales.Continue reading
Big Changes Happening in the Cannabis Industry in 2019: Here’s What to Expect!
A lot is happening around the nation and much of it is great news for the cannabis industry. Some of the states where cannabis is legal, either for medicinal use or recreational use, are striving to remove the barriers that tie cannabis to criminalization. There is even the potential for a bill that would help legalize some aspects of the cannabis industry on the federal level. With that said, 2019 is looking to be a positive year throughout many cannabis-growing communities. Here is a closer look at what to expect in 2019 for cannabis.Continue reading