Road to Nowhere: Because of cannabis prohibition, companies can only do business in one state at a timef Jonathan Elfand is good at anything, it’s shipping weed across borders. In the 1990s, he smuggled cannabis from Mexico by sealing it inside empty salsa cans and packing them on a truck headed to San Diego. The cannabis, totaling a few tons over seven years before the feds caught him, made its way to Florida, New Jersey and New York.
While cannabis is banned at the federal level, recreational use is now legal in 19 states, with five more on the ballot this November. But every state that has legalized weed has also passed laws banning interstate commerce, meaning every cannabis market is restricted to the state. What that means on an operational level is that cannabis companies can only sell products in the state in which the cannabis is grown, even if that company has a facility in another state where cannabis is legal.
I may need to exit all 3 of them!
Being nice ✌🏾.
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:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mexico’s domestic airline industry in shamblesMexico’s domestic airline industry is in shambles, plagued by safety problems, a ratings downgrade by the U.S. Federal Aviation Administration, and vandalism. Mexico is run by the cartels. They need a revolution. It's Mexico what do you expect? There own people won't fight to fix the crime and corruption and just flee. The USA should help with the revolution and send in our military to assist. Horrible service
Source: FOXLA - 🏆 445. / 53 Read more »
Binance CEO Changpeng Zhao: FTX will set crypto back, but the industry will become healthierBinance CEO Changpeng Zhao joins CNBC's 'Squawk Box' to discuss the collapse of crypto exchange FTX and what it could mean for the crypto industry. 👉 kochikenbsc kochikenbsc He told me his imaginary coin business was legit... cz_binance Lol So teach all of us how you price Bitcoin ? If it can't be honestly priced by some type of solid metric it can't be traded. PS - Gee I hope it goes up is not a metric.
Source: CNBC - 🏆 12. / 72 Read more »
FTX’s collapse could change crypto industry governance standards for goodFTX’s downfall has been damaging for the industry, as evidenced by the fact that following the company’s dissolution, the price of most major crypto assets dipped majorly. POTUS HouseGOP WhiteHouse HouseDemocrats dscc SenateGOP Calling for Congressional Inquiry and Emergency Executive Order for STAY of transactions related cryptocurrency upon Banks transacting business therewith FTX makes Mashinksky look like an angel
Source: Cointelegraph - 🏆 562. / 51 Read more »
Indian Industry Heavyweights Mull Impact of Streamers on Theatrical Releases in Post-COVID EraLeading lights of the Indian entertainment industry discussed the impact of streaming platforms in the period after COVID-19 at a panel on the concluding day of the Film Bazaar market in Goa. Parti…
Source: Variety - 🏆 108. / 63 Read more »
How The Skincare Industry Is Turning to Gene Editing in a Race Against TimeSkincare is a $100B market. But it's not always pretty: many cosmetic ingredients come from animals or rare plants. Synthetic biology is coming to the rescue once again by helping re-create those ingredients in industrial microbes. Interesting
Source: ForbesTech - 🏆 318. / 59 Read more »
Oil Industry Lobbying Group Funded 'Dark Money' Ads for Conservative DemocratsAmerican Petroleum Institute's tax filings reveal millions spent on ads for Henry Cuellar, Kyrsten Sinema and others. (via donnydonny ppolitics Sludge)
Source: truthout - 🏆 69. / 68 Read more »