With federal legalization now (perhaps) a far-off pipe dream as Republicans descend into the White House and Congress to assume full control of the government, one of the chief hopes for California’s badly ailing pot industry has (perhaps) been dashed. While it wouldn’t solve every problem, by a long shot, federal legalization would at least open up new markets for cannabis companies that are prepared to import and export their products, and at least theoretically give a big boost to smaller firms, too, including local dispensaries. With an unstable federal government, it’s impossible to know for sure whether legalization might happen despite general GOP opposition.
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