Marijuana Industry Struggles Against Tough Politics

Colorado’s effort to tax marijuana as a means to help the state budget never materialized, at least financially, slowing expansion of industries supported by the drug. As attempts to approve marijuana’s use in other states and cities falters, these industries face unexpected road blocks.

Analysis by trade site Cannabis Executive shows how much the efforts to legalize marijuana vary. A number of doctors in Minnesota will not support the use of medical marijuana by some patients. Medical marijuana is often considered the foot in the door that the industry needs for broader state legalization approval. Medical marijuana advocates in Iowa continue to complain that the state legislature, particularly Republicans, have blocked their progress to gain approval for use. A law to legalize medical marijuana has cleared all legislative hurdles in the state, but state approvals are sometimes not sufficient. Problems with federal opposition to marijuana use have triggered raids of facilities in California. The future of the marijuana economy may be settled in federal court....

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http://247wallst.com/consumer-products/2015/06/07/marijuana-industry-struggles-against-tough-politics/