News

'Nothing has changed': Frustration builds as cannabis reform stalls

NBC News · Alicia Victoria Lozano Is A California-Based Reporter For Nbc News Focusing On Climate Change · last updated
For the cannabis industry, 2021 was supposed to be the year of reform and opportunity. Anthony Behar / Sipa USA via AP file”Nothing has changed and that’s really frustrating,” said Narmin Jarrous, chief development officer of the Michigan-based cannabis company Exclusive Brands. Among those lasting effects is a lack of access to banking, which remains a major obstacle for many cannabis businesses seeking to open checking accounts or apply for loans. The discrepancy between state and federal rules creates a quagmire for legal cannabis businesses that follow local regulations. A spate of robberies tore through the Northern California cannabis industry in November, causing some $5 million in losses.
View full article

here today, more tomorrow

We’ve launched briefing.center with a focus on the press and media.

And we’ve added Citizen Cartwright, a daily quick-read news summary by veteran Washington journalist Linda Cartwright. We’ve also created a new voting rights knowledge center for Citizen Cartwright subscribers. (You can sign up for a dedicated morning email at citizencartwright.com.)

You can sign up here for full access to press and media and Citizen Cartwright on briefing.center.

You can use briefing.center as the center of your information management, or just one of your tools. We’re happy to discuss your information needs.

Sign up