The state-legal cannabis industry has for years been operating at a disadvantage because of the categorization of cannabis as a controlled substance on the federal level. Although most states with legal cannabis markets deemed the controversial plant essential during the coronavirus pandemic, thus allowing companies in the cannabis space to continue their operations, federal law remains a major thorn in the side of cannabis businesses.
Despite providing hundreds of thousands of job opportunities and contributing millions of dollars in much-needed tax revenue to state coffers, these companies remain locked out of federal aid that would have helped them weather the greatest…
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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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