AZ Business Magazine
By all accounts, America’s emerging cannabis industry is shaping up to be the country’s biggest business experiment of the 21st century.
But the mushrooming niche sector could quickly become an un-navigable morass of conflicting state and federal laws, with banks reluctant to touch the industry’s abundance of money and a patchwork of state and local laws governing everything from transporting to selling the marijuana derivative.
While many entrepreneurs are eager to put business plans into action if and when legalization occurs in their state, “the nature of marijuana legalization on the local, state and federal levels creates problems for buyers, sellers and users,” says Wall Street Commodities expert Steve Janjic, CEO of Amercanex, the first fully electronic marketplace exchange for the cannabis industry.
Related: Legal Use of Marijuana Clashes With Job Rules
If you’d like to discuss marijuana issues, contact Ryan Hurley, director of the Rose Law Group Medical Marijuana Department rhurley@roselawgroup.com
