High taxes for cannabis businesses could be eased by new federal rules bostonglobe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bostonglobe.com Daily Mail and Mail on Sunday newspapers.
The Cannabist Company Holdings Inc. , one of the largest and most experienced cultivators, manufacturers, and retailers of cannabis products in the U.S., released the following statements in.
Cannabis companies and advocates applaud President Biden's announcement to reschedule and legalize cannabis, calling it a major leap forward and opportunity to correct long-standing wrongs and improve the industry's cashflow.
LOS ANGELES The Biden administration s move to reclassify marijuana as a less dangerous but still controlled drug was hailed as a monumental step in reshaping national policy. But it might do little to ease a longstanding problem in the cannabis industry a lack of loans, checking accounts and banking services that other businesses take for granted.