A Blunt Assessment: Federally Legal Cannabis Could Hurt Small Business

  • 📰 Forbes
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 53%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Federally legal cannabis could hurt small business

Currently, each state where cannabis is legally sold has its own set of rules and regulations and cannabis can not cross state lines. The result has been a legal cannabis industry comprised mostly of small businesses and some multi-state operators. Federal legalization would change that quickly.

Small businesses will have big competition. In Canada for example, where recreational use is federally legal, Constellation Brands, Altria Group, Anheuser-Busch InBev, Molson Coors and Imperial Brands are among the large companies wading into the cannabis business via investments and partnerships, according to Nelson.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I find that very hard to believe

try to get federally rather high level of quality )

This was written by a “small business” dealer haha

Really that’s another closed minded person trying to stop progress go live somewhere else

No it wouldn't.

Not hurting the dealers lol

the snack industry is excited for it.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Here are the stocks that have soared and sunk the most in 2019Here’s a review of winners and losers for multiple indexes, including small-cap and mid-cap.
Source: MarketWatch - 🏆 3. / 97 Read more »