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Expert Analysis - Opinion

DOJ Should Issue No-Action Letters For Marijuana Industry

By Thomas Firestone (May 1, 2020, 11:48 AM EDT) -- As the COVID-19 crisis continues to ravish state budgets, the question of eliminating the marijuana black market has become even more important, particularly in states like California, which have legalized marijuana but have not seen the expected tax revenues due to the persistence of the "tax exempt" black market. Increased enforcement would help, of course. But the best way to eliminate the illegal market is to support market entry by legitimate businesses. ...

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