The first issue most entrepreneurs have with the cannabis industry has to do largely with the complexity of its laws. The fact that different states have different laws means that entrepreneurs cannot just waltz into the industry. They have to understand the laws that exist in that region and ensure that they understand them enough to avoid litigation. This is because the current scheduling of cannabis criminalizes many activities in the cannabis industry. This is why many entrepreneurs seem to be dissuaded from venturing into the industry. However, if that ceases to be the case we’ll have more influx of creative minds, and investors in the cannabis industry which will be very crucial to moving the cannabis industry to the next level.
This column originally appeared in Cultivated, a cannabis industry newsletter. Subscribe here. You know the…
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