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 thought they already did isn't this what open borders are all about
Yeah.. Weed and Guns are important..
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:
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.
Binance targets $1 billion for 'industry recovery fund'Binance is aiming to amass around $1 billion for its recently announced 'industry recovery fund,' said CEO Changpeng 'CZ' Zhao. cz_binance fact check CCP - CENTRALIZED clearing party Biggest conman of the lot
Source: TheBlock__ - 🏆 464. / 53 Read more »
Weapons industry booms as Eastern Europe arms UkraineEastern Europe's arms industry is churning out guns, artillery shells and other military supplies at a pace not seen since the Cold War as governments in the region lead efforts to aid Ukraine in its fight against Russia. There are 300+ million guns in the US, but those are for shooting up schools and walmarts Based eastern Europe War is all about the $$$. Always has been, always will be. Don't be a pawn for elites who want to send your kids to war so they can get money and power.
Source: Reuters - 🏆 2. / 97 Read more »
APEC Summit expected to boost San Francisco travel industry in late 2023 - San Francisco Business TimesIt will be APEC's first return to San Francisco since a smaller meeting was held here in 2011.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »
Argentine Crypto Exchange Lemon Sheds Roughly 100 Jobs, Citing Challenging Industry Conditions.lemonapp_ar, a crypto exchange with operations in Argentina and Brazil, cut 38% of its workforce – roughly 100 employees – on Thursday, citing the challenging tech and venture capital context as reasons. andresengler reports
Source: CoinDesk - 🏆 291. / 63 Read more »
Binance deploys $1 billion to keep crypto industry afloat after FTX collapseBinance said it may increase that amount to $2 billion at a point in time in the future 'if the need arises.' Another domino about to fall. Just like the run on banks before depression Definitely something you would see with a stable store of value
Source: CNBC - 🏆 12. / 72 Read more »
Binance says its Industry Recovery Initiative has 7 enrollees, 150 applicantsChengpang Zhao, CEO of cryptocurrency exchange Binance, has announced plans to create an industry initiative to support the cyrptocurrency industry. Black Friday deal Last year November 26th black Friday BTC closed about $5200 off its open price which was an 8.88% discount sale. Will it happen the same tomorrow?🙄🤪🤔
Source: Cointelegraph - 🏆 562. / 51 Read more »