Regulatory Friction vs. Consumer Demand: An Industry Analysis Detailing the Impact of 280E and Banking Reform on US Cannabis Profitability.
The US cannabis industry operates in a constant state of regulatory friction, a unique challenge that severely limits its profitability despite overwhelming consumer demand. The core of this friction lies in the contradiction between state-level legality and federal prohibition. This conflict manifests most acutely in two areas: the punitive tax code (IRC Section 280E) and the lack of federal...
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