Starting a Marijuana Business: A State By State Guide
California, Maine, Massachusetts and Nevada recently passed laws legalizing the recreational use of marijuana. Arkansas, Florida and North Dakota enacted medical marijuana initiatives, bringing the total of states (and the District of Columbia) that allow some form of marijuana use to 33.
What does this trend mean for entrepreneurs thinking of entering the cannabis industry?
National prohibitions against interstate cannabis commerce and federal banking and drug laws are keeping big companies at bay, which opens the door for small businesses and startups to establish dispensaries, retail stores, cultivators, processing, manufacturing and testing facilities.
Marijuana Business Laws By State
To prosper, entrepreneurs must know the laws that govern their state’s use of the substance. To be safe, they should also confer with an attorney to ensure they are in compliance with the law.
Here is a state-by-state breakdown showing which states have passed laws governing some form of marijuana...
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