Medical Marijuana Must Remain a Key Component of Recreational Markets
With the recreational marijuana industry taking root in two states last year and poised for further expansion into new markets, a great deal of attention is being paid to the relationship between medical and adult-use cannabis.
Business owners, lawmakers, regulators and patients are asking tough questions about how taxed, licensed cannabis companies can compete with MMJ operators that face lower taxes and, in the case of Washington State, virtually no regulations. Some are asking if we even need a medical system at all.
I believe that the situation calls for a holistic approach, one that protects medical patients while also aligning the medical and recreational systems and streamlining regulation. The goal is to build an efficient, professional cannabis community and industry that will thrive over the long run.
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