Posted by Staff Writer on 4/20/2018 to
Marijuana Startups
IncSmart Washington DC (Small Business and Startups) - District of Columbia will accepts State marijuana laws. Cannabis startups see an approval from the Trump administration to continue growth in the industry. As of today, 60% of Americans believe marijuana should be legal. The cannabis industry provides tens of thousands of jobs and generating billions of dollars in tax revenues. Those states where pot is currently legal, collected more than $1.6 billion in taxes and these numbers do not include the recent introduction of California.
The cannabis industry is growing despite the fears of Attorney General Jeff Session. Trump has indicated that he will respect state legalization, calming fears of investors and entrepreneurs. Trump’s promised hands-off approach includes a federal solution. With medical marijuana being the key to ending the opioid epidemic, politicians are joining the movement. Former House Speaker John Boehner is lobbying for passage of recreation bills. He also agrees with the opioid help, and also says it will help our veterans. Senator Schumer is also introducing a bill on marijuana for decriminalization.
By IncSmart Staff Writer
Starting a Business in Washington DC
For 10 years, IncSmart.biz Business Services has helped companies and people from all over the world form DC Corporations and DC Limited Liability Companies. When you call, email, instant message or live chat with our office, expect personal attention. We are very excited about helping you form your new company. Each state is so different when it comes to filing documents, you will know right away you are in the right place.
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