Cannabis businesses that are hoping to expand across state lines should absolutely be aware of the triggering levels for regulatory background checks in different states. Just because an investor is a minority owner doesn’t mean they can avoid regulatory scrutiny.
Read MoreIn some states, dispensary applicants must be considered of "good moral character" in order to receive a license to operate a cannabis business. Unfortunately, it’s often unclear what this phrase means in practice, who it applies to, and what the consequences are for an applicant.
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