Cannabis businesses in the U.S. are still suffering under the thumb of federal prohibition, even in 2023.
Chambers Expert Focus: Hilary Bricken on cannabis businesses and federally illegality in the U.S.
In this Chambers Expert Focus video, Harris Bricken Partner Hilary Bricken (a Chambers Band I attorney) explains how the federally illegality of cannabis impacts state-licensed cannabis businesses on a day-to-day basis. Federal cannabis prohibitions affects access to financial institutions, federal income tax liability, trademark protection (or lack thereof), and navigating institutional investment.
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