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Cannabis in the USA: An illegal tax-paying business

Business Daily

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Navigating the Regulatory Landscape: Challenges for Cannabis Businesses in the USA

The chapter explores the complex regulatory environment faced by small cannabis businesses in the USA, particularly the limitations on banking services and federal assistance due to the federal prohibition on cannabis. It discusses the struggles these businesses face in accessing financial services, despite contributing to taxes. Additionally, it touches on recent legislative changes and the evolving perceptions of cannabis in the country.

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