Cannabis CEOs aren't betting on federal legalization next year, but that's not stopping them from expanding
"It seems to be top of mind for legislators," Verano Holdings CEO George Archos told Insider. The Chicago-based Verano Holdings operates in 12 states.would let banks work with the cannabis industry but stop short of federal decriminalization"This is not only about us," Archos said."This is about everyone in the industry.
Columbia Care CEO Nicholas Vita said he expected to see incremental change like the SAFE Banking Act ahead of full-scale legalization, which could be a multiyear process. The New York City company operates in 18 states and Europe. "Good policy doesn't always make good politics," Bachtell said."What you are seeing develop here over the last year is cannabis is not only a good policy, but it is becoming good politics too. When that happens, that's when you start to see changes.
Aurora exports more medical cannabis than any other Canadian company, according to Wall Street analysts.
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