When Cannabis Goes Legal, Who Wins?

The pioneers who braved the way just may be the least likely to benefit in the end.

DAVID FELDMAN

Is it time to break out the cannabis-infused bubbly? Many analysts are predicting not whether but when cannabis will become federally legal for adult use in the United States, as it has in countries like Canada and Uruguay—with others such as Mexico likely soon to follow. It may come in the form of the government removing cannabis as a scheduled drug under the Controlled Substances Act (CSA). It may come in the form of the pending STATES Act or through other congressional action. It may even come through the courts—for example, with the current constitutional challenge to the CSA as it applies to cannabis. An initial dismissal was recently argued on appeal. Let us step back, however, to consider how we got here. Before 1937, when cannabis was first criminalized…

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Green Entrepreneur (Digital) - 1 Issue, Spring 2019

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