This Week’s Cannabis Roundup: Is Biden a Marijuana Friend or Foe?

Published by
The Street

By Tony Owusu The optimism from cannabis advocates following the election of a Democrat to the presidency is eroding in D.C. following President Joe Biden’s latest budget proposal. As the cannabis industry goes through its growing pains, it continues to confront issues with how and where it will allow people to sell or buy marijuana. Limited-licensing in some states is one of those issues. Limited-licensing states cap the number of licenses given to companies that want to operate in the state. There are currently 27 states with limited-licensing. Last week, Cresco Labs (CRLBF) announced plans …

Read More