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Expert Analysis

Circuit Split On Cannabis Prosecutions Heightens Uncertainty

By Julia Matlin and Richard Trotter ( July 28, 2022, 5:20 PM EDT) -- While state-legal sales of medical and recreational cannabis are projected to rise to $33 billion annually in 2022,[1] cannabis's ongoing Schedule I status under the Controlled Substances Act complicates the ability of licensed cannabis operators to do everything from processing debit card transactions to accessing the capital markets....

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