Cannabis Needs a 21st Amendment

Dear Client: At an investor agreement last week hosted by Macquarie veteran CPG analyst Caroline Levy, your editor joined cannabis financial advisor Harrison Phillips and Wine & Spirits Daily editor E.R. Pennington to talk all things sin. One of the things that kept getting brought up is what a wild west the legal cannabis industry is in states which have legalized some form of it. The lament: How can serious institutional investments be made in this industry with such disorderly