Despite President Joseph Biden having pardoned individuals convicted of simple cannabis convictions, he has shown no interest in loosening the federal restrictions that have left most states in control of developing how the billion-dollar marijuana industry in the country is growing. Thus far, 37 states in the country have legalized medical cannabis, with 19 of those states permitting individuals aged 21 and above to possess the drug for recreational use. However, the drug’s illegality at the federal level continues to prevent interstate sales.
Various states have established their marijuana programs to meet objectives beyond legalization. For instance, many prioritize…
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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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