420 with CNW — How Marijuana Rescheduling Will Involve More Federal Oversight Agencies
For years, many licensed cannabis businesses have viewed federal legalization as the breakthrough that would finally remove the industry’s biggest obstacles. However, some industry insiders argue that legalization may introduce an entirely new set of challenges instead of simplifying operations. Although the U.S. cannabis market has grown into an industry worth roughly $30 billion, companies have spent years operating under restrictions that limit access to traditional banking, affordable financing, and standard employee benefit programs. Many owners have assumed those issues would disappear once federal law changes. Experts caution that this expectation may be overly optimistic. Rather than replacing existing regulations,…
