State-Legal Pot Cos. Held Back By Federal Immigration Laws
Law360 (October 31, 2019, 3:30 PM EDT) -- Marijuana is one of the fastest-growing industries in the U.S., but federal prohibitions may be impeding economic gains by discouraging foreign investments and preventing domestic companies from hiring foreign workers.
Legal cannabis businesses have been blossoming in states where the drug has been legalized, collectively bringing in more than $1.3 billion in state tax revenues last year alone, according to the Institute on Taxation and Economic Policy.
However, federal immigration laws have yet to catch up — seven years after Colorado and Washington became the first states to vote to legalize recreational marijuana use in 2012. Green card holders who take...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!