Many local cannabis companies have been greatly affected by recent events, ranging from vandalism to robbery. Marijuana Moment, a leading cannabis company, has temporarily shut all locations of late, following several of its retail outlets were vandalized and then robbed. While no customers or employees were hurt during the disruption, police are on the lookout. The company's headquarters is also closed as of now. cannabis news online reported that Marijuana Moment's assets and inventory were taken during the robbery.
This story comes at a time when marijuana use is on the rise in many states across the country, including California. Legislation is being proposed everywhere, with California already being one of the front runners. However, if you are looking to buy cannabis online or in any way, you may want to consider the following history. California is home to the nation's largest medical marijuana facility, the Pacific Medical Institute. All told, marijuana has been used in California for more than a century.
In late 2021, the PMI plans to expand its facilities in Sacramento. Currently under construction is the new Pacific Point Energy Park which will provide 2 mega power plants and possibly more. Industry watchers predict that the government-sponsored PP created a major step toward bringing state-of-the-art technology to California's medical marijuana industry. The news makes many speculate about what will come next.
In mid-2021, ข่าวกัญชาออนไลน์ predicted that California's marijuana businesses would continue to flourish. According to the publication, two large investors who made millions by investing in several small cannabis companies were back in the game, ready to invest again. The article goes on to say that the new investors plan to buy as much as 20 distribution centers around the country. It also says that the investment in the cannabis industry is expected to create billions of dollars in revenue for licensed marijuana suppliers and processors.
In late-2021, Marijuana News Online reports that the federal government may start taxing marijuana completely. Currently, the Controlled Substances Act deems any cannabis products illegal. The proposed legislation would replace those policies with a comprehensive tax structure for all cannabis businesses. Proponents of the legislation hope that the new tax system will eliminate black markets and reduce criminal profits by helping law abiding citizens pay their own taxes. The news also suggests that the proposal is likely to pass soon, as President Trump is saying to be leaning towards legalized marijuana.
Marijuana News Online is not saying that this latest development will happen, but the article does indicate that it is one possible possibility. If the federal government ever decides to fully tax the cannabis industry then entrepreneurs will have a tough time booking investors. Investing in cannabis companies is no longer an option for most wealthy people. However, the new federal tax structure may change that. Stay tuned to Marijuana News Online throughout the year for more updates on the cannabis industry.
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