Cannabis Lobby Grows As Congress Mellows Out On Pot
By Hannah Albarazi (November 15, 2019, 4:29 PM EST) -- The cannabis industry is going big on lobbying this year, hoping to make strides toward resolving conflicting federal and state regulations it says are impeding the booming, multibillion-dollar legal retail cannabis market from growing like other American industries.
According to a Law360 analysis of lobbying expenditure data from the Senate Office of Public Records and the nonpartisan Center for Responsive Politics, the cannabis industry has already spent $3.7 million on lobbying as of October, up nearly 30% from last year — with an eye toward achieving access to banking services, public markets, tax reform, interstate commerce and full descheduling from the...
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