Marijuana stock market investors are wringing their hands with glee as their financial portfolios continue to sky-rocket, and with Canada expecting to join the legal gravy train by mid-year their future prospects are looking even rosier Up until now, the banking world has side-stepped the huge amount of cash flow generated by the weed industry but with Canada poised to become the first-ever first world country to legalize marijuana, one of the country’s top five banks has come out in open support of this new-age phenomena. Banks and Pot Have…
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Frustration mounts as LA dithers about issuing licenses to marijuana entrepreneurs
Months of dithering about issuing licenses to growers and manufacturers in Los Angeles could force a large chunk of the marijuana industry underground. The irony of the present situation is that pot dealers who want to join the ranks of the legally-recognized marijuana trade are being sidelined by seemingly endless bureaucratic red-tape that is causing unreasonable delays in this new era of decriminalization. In preparation for the legalization of recreational marijuana in California at the beginning of 2018, LA approved a complicated set of regulations that has now seemingly left…
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