How The Cannabis Industry Can Begin Interstate Commerce— Legally

  • 📰 Forbes
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

United States News News

United States United States Latest News,United States United States Headlines

A federal ban on marijuana and several state laws make selling and transporting weed across state lines illegal. Here’s the road map for changing that.

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.

 

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

This sign should add don’t drive while high. Or a rest pit stop with weed.

I love this!!! I had to save this!!! I just gotta send this to a special person that I adore

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 US

United States United States Latest News, United States United States Headlines

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

Explainer: Crypto industry spends millions on U.S. midterm electionsThe cryptocurrency industry has spent millions of dollars on U.S. midterm election races during a year of heavy losses and upheaval in the sector, which hopes to gain sway among legislators as Congress debates tighter regulation of digital assets. LOL great job, crypto 😂 Crypto is collapsing
Source: Reuters - 🏆 2. / 97 Read more »

Florida wedding industry ranks above average for pay - Jacksonville Business JournalThe event planning industry is projected to grow 18% in the next 10 years.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

At COP27, nuclear power industry vies for role in decarbonizing planetNuclear energy supporters including politicians and activists sought to polish the industry's spotty image on Wednesday, using the COP27 climate summit in Egypt to argue that atomic power offers a safe and cost-efficient way to decarbonize the world. Radioactive waste
Source: ReutersScience - 🏆 559. / 51 Read more »

At COP27, nuclear power industry vies for bigger role in decarbonizing planetNuclear energy supporters including politicians and activists sought to polish the industry's spotty image on Wednesday, using the COP27 climate summit in Egypt to argue that atomic power offers a safe and cost-efficient way to decarbonize the world. What you fail to mention is that previous COP organizers refused to allow participation by nuclear companies and supporters, due to hijacking of many environmental groups by anti-nuclear activism. Any politician supporting nuclear energy is being paid off by the industry
Source: Reuters - 🏆 2. / 97 Read more »