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Outdated state regulations are stifling the cannabis industry

Beau Whitney (Courtesy photo)

The cannabis landscape has shifted dramatically since the first wave of legalization in 2014.

What once were pioneering policies are now outdated shackles, hindering the industry’s growth and failing to meet the evolving needs of consumers and businesses alike.

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State marijuana regulators, clinging to frameworks designed for a nascent industry, inadvertently are fueling the illicit market and creating an economic crisis within the regulated sector.

Time for a policy reset

The cannabis sector’s initial focus on public safety was understandable.

Concerns about underage access, impaired driving and potential societal impacts dominated the conversation.

However, this singular focus has created a regulatory environment that neglects the crucial element of commercial viability.

The result is a system where licensed businesses struggle

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