The session will explore current trends and engagement opportunities in the cannabis industry. The continuing conflict between federal and state laws and regulations, coupled with the economic impact of inflation, the illicit cannabis market, and the aftermath of the COVID pandemic pause have resulted in a perfect storm for an incredibly unique industry. Recreational use of marijuana is currently legal for adults in 21 states and Washington, D.C., while medical marijuana is legal and available in 38 states and D.C. At the same time, marijuana remains a Schedule 1 narcotic under federal law pursuant to the 1970 Controlled Substances Act where owners, managers, and advisors to state-legal marijuana businesses can be accused of violating federal law.
2023 Overview of the Marijuana Industry
PDF, Size: 2,127 KB