420 with CNW – Institutional Capital Could Flow into Marijuana Industry After Federal Rescheduling
For years, the marijuana sector has looked to Washington for a policy change capable of transforming its financial prospects. Banking legislation, federal legalization, tax reform, and rescheduling have each been viewed as potential turning points. However, industries rarely become mature because of one government decision. More often, investment grows as uncertainty declines and risks become easier to assess. That transition now appears to be underway in cannabis. The sector has reached a scale that is increasingly difficult for institutional investors to ignore. Since recreational markets began over ten years ago, marijuana-related taxes have generated roughly $28.4 billion for state governments,…

















