Who Will be the Winners and Losers When Federal Cannabis Prohibition Ends?

Most analysts are predicting no longer whether, but when, cannabis will become federally legal for adult use in the United States, as it has in Canada, Uruguay and a few other countries, with others such as Mexico expected to soon follow. It may come in the form of the government itself removing cannabis as a scheduled drug under the Controlled Substances Act (CSA). It may come in the form of the current STATES Act pending in Congress, which would remove state-legal compliance from being subject to the CSA, or through other Congressional action. It may come through court action, such as the current constitutional challenge to the CSA as it applies to cannabis, whose initial dismissal was recently argued on appeal.

To read the full text of this article by Duane Morris partner David Feldman, please visit the Green Entrepreneur website.