The industry finally got what it wanted. Now what?

The Federal Guidance, Taxation & Regulatory Power Edition

The cannabis industry spent a decade begging the federal government for legitimacy.

It finally has it.

And somehow, that’s made everything more confusing.

We’ve entered what I’m calling the Clarification Era — and I’d argue it’s going to be harder to navigate than the prohibition era was.

At least under prohibition, the rules were clear: cannabis was illega…