Facing Inconsistent Government Regulation, Cannabis Industry Aims for Doable Reforms - #CLI2022
Original article posted June 14, 2022, by Jeremy Conrad and John Murph, on Duly Noted, The D.C. Bar Blog
With expanded legalization and growing capital, the cannabis industry is projected to reach $33.6 billion in global sales by 2025, but the uneven policy landscape in the United States continues to pose challenges to businesses, communities, and state and local governments.
At the International Cannabis Bar Association’s fifth annual Cannabis Law Institute on June 9–11, attendees discussed the impacts of federal prohibition on the cultivation, sale, and use of marijuana as well as the lack of uniform cannabis regulation in the country. These inconsistent policies put the District of Columbia, for example, in a confusing and sometimes dangerous territory, said D.C. Attorney General Karl Racine, who delivered the keynote address.
Unlike many states, the District cannot have a recreational cannabis marketplace where it can regulate and collect tax, limit toxicity, restrict advertisement from children, and enforce other common sense law practices. “Those kinds of must-haves in a regulatory scheme have been precluded by Congress because [the District] lacks statehood,” Racine said.
In response, ... (Read full article on Duly Noted)
