State Subsidies Boost Marijuana Industry Amid Regulatory Hurdles
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The legal cannabis industry in the US, valued at $20 billion, seeks government assistance to overcome regulatory hurdles and secure subsidies. State governments like New York and Michigan have established funds to support minority marijuana marketers, while California and Massachusetts offer bailouts and grants to alleviate burdensome regulations. A coalition of Democratic senators is calling for aid from the Small Business Administration. However, some argue that removing federal roadblocks and allowing marijuana businesses to deduct expenses would be a more effective approach. The industry's growth potential and economic impact make it a valuable sector to invest in. #CannabisIndustry #GovernmentAssistance #RegulatoryChallenges...

#newstr #MarijuanaIndustry #StateSubsidies #RegulatoryHurdles #SmallBusinessAdministration #MinorityMarijuanaMarketers #Regulation #Taxation #Bailouts #Grants #SbaAid #FederalRoadblocks #NationalTaxpayersUnion 

 https://here.news/story/1e03326b?ver=0.17