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"The deadly wildfires that ravaged communities and wineries in Northern California also severely damaged numerous marijuana farms..."

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"The deadly wildfires that ravaged communities and wineries in Northern California also severely damaged numerous marijuana farms..." - Hallo friend WELCOME TO AMERICA, In the article you read this time with the title "The deadly wildfires that ravaged communities and wineries in Northern California also severely damaged numerous marijuana farms...", we have prepared well for this article you read and download the information therein. hopefully fill posts Article AMERICA, Article CULTURAL, Article ECONOMIC, Article POLITICAL, Article SECURITY, Article SOCCER, Article SOCIAL, we write this you can understand. Well, happy reading.

Title : "The deadly wildfires that ravaged communities and wineries in Northern California also severely damaged numerous marijuana farms..."
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"The deadly wildfires that ravaged communities and wineries in Northern California also severely damaged numerous marijuana farms..."

"... just before the state is expected to fully legalize the drug, in a disaster that could have far-reaching implications for a nascent industry. At least 34 marijuana farms suffered extensive damage as the wildfires tore across wine country and some of California’s prime marijuana-growing areas. The fires could present challenges to the scheduled Jan. 1 rollout of legal marijuana sales at the start of an industry that is expected to generate billions of dollars in revenue."

WaPo reports.

Supply and demand... in the interesting setting where you can't import from out of state. Jack up the price.
In many cases, owners have spent tens of thousands of dollars to become compliant with state law to sell the product. But because the federal government considers marijuana cultivation and sales a criminal enterprise, it remains extremely difficult, if not impossible, for most of the marijuana businesses affected by the fire to access insurance, mortgages and loans to rebuild. Even a charitable fund set up to help marijuana farmers was frozen because a payment processor will not handle cannabis transactions.
I boldfaced the word "considers" because, being an erstwhile lawyer, I think it's funny to be characterizing the government as considering something to be criminal. The government has written law that makes it criminal. It's not an opinion about whether marijuana cultivation and sale should be regarded as criminal. It simply is criminal, because of the statutes. There's no mind that is the federal government contemplating the matter and developing a conception of the matter. In fact, since these businesses are operating openly and the human beings working within the federal government aren't swooping in and prosecuting, it would make more sense to say that the federal government doesn't consider marijuana cultivation and sales a criminal enterprise. But I can see why businesses and other organizations not focused on marijuana — banks, insurance companies, payment processors — don't want to risk violating the law on the books.
"... just before the state is expected to fully legalize the drug, in a disaster that could have far-reaching implications for a nascent industry. At least 34 marijuana farms suffered extensive damage as the wildfires tore across wine country and some of California’s prime marijuana-growing areas. The fires could present challenges to the scheduled Jan. 1 rollout of legal marijuana sales at the start of an industry that is expected to generate billions of dollars in revenue."

WaPo reports.

Supply and demand... in the interesting setting where you can't import from out of state. Jack up the price.
In many cases, owners have spent tens of thousands of dollars to become compliant with state law to sell the product. But because the federal government considers marijuana cultivation and sales a criminal enterprise, it remains extremely difficult, if not impossible, for most of the marijuana businesses affected by the fire to access insurance, mortgages and loans to rebuild. Even a charitable fund set up to help marijuana farmers was frozen because a payment processor will not
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handle cannabis transactions. I boldfaced the word "considers" because, being an erstwhile lawyer, I think it's funny to be characterizing the government as considering something to be criminal. The government has written law that makes it criminal. It's not an opinion about whether marijuana cultivation and sale should be regarded as criminal. It simply is criminal, because of the statutes. There's no mind that is the federal government contemplating the matter and developing a conception of the matter. In fact, since these businesses are operating openly and the human beings working within the federal government aren't swooping in and prosecuting, it would make more sense to say that the federal government doesn't consider marijuana cultivation and sales a criminal enterprise. But I can see why businesses and other organizations not focused on marijuana — banks, insurance companies, payment processors — don't want to risk violating the law on the books.


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