Findings From a Long-Term Study on Marijuana Use Uncover Something Unexpected

Marijuana continues to be a highly polarizing issue for the United States. Despite growing momentum for the marijuana industry, highlighted by nearly two dozen states passing medical marijuana legalization laws and four states also allowing for marijuana to be sold legally for recreational purposes, marijuana is facing a veritable mountain of hurdles.

Marijuana can't catch a break 
To begin with, legal marijuana businesses are dealing with an abundance of financial issues. Most traditional banking services are out of reach for marijuana shops and growers because the federal government still views the plant as illegal. Banks are concerned that they could face prosecution in the future or lose their loans if the government's hands-off approach to marijuana management changes. Thus, they've simply kept their distance.

 

Federal tax laws are also working strongly against the marijuana industry. Because federal tax law supersedes state law, marijuana shops are unable to take...
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