Advocates Launch Group Seeking Interstate Cannabis Commerce
Marijuana Stocks, Finance, & InvestingUncategorized September 23, 2020 MJ Shareholders
Cannabis advocates and businesses have launched the Alliance for Sensible Markets with their sights set on cannabis interstate commerce among legalized states. The organization says cannabis commerce between consenting markets “will bring investment, expansion, business formation, and tens of thousands of jobs in the midst of an historic recession.”
According to the group’s website, interstate cannabis commerce would be achieved in two steps: getting the governors “of at least two legal or legalizing states” to agree to an interstate compact for cannabis products, and forwarding the compacts to Congress for approval.
In June, Oregon Gov. Kate Brown (D) signed a bill that would allow cannabis businesses to export their products to other legal states; however, no other state has approved rules for import or export.
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