President Donald Trump’s campaign-trail support for medical cannabis and more recent promise to consider downgrading marijuana’s status under federal law means hope for the $32 billion legal industry.
Meanwhile, Trump Justice Department attorneys are preparing to defend federal marijuana prohibition as well as limiting marijuana users’ right to own firearms before the U.S. Supreme Court.
That’s creating an apparent dissonance and leaving observers – and an uncertain industry – guessing as to the White House’s real feelings on the issue.
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The legal cannabis industry is eagerly awaiting the latest advancement in stalled federal reform amid onerous federal taxes and competition from the intoxicating hemp-derived THC products unleashed by the 2018 Farm Bill.
With Congress unable to pass reforms, other methods have been sought via
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