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The Dynamics of Cannabis in the US
The status of cannabis in the United States is defined by a significant and complex federal-state contradiction. While the substance remains classified as a Schedule I controlled substance at the national level, a growing majority of states have independently moved to legalize its use for medical and, in many cases, adult-use recreational purposes. This legislative dissonance creates a challenging environment where state-compliant operations are forced to navigate hurdles in banking, interstate commerce, and taxation. The legal patchwork across the nation means that cannabis is treated as a regulated product in some regions and a prohibited substance in others, defining the operational landscape.
The resulting economic activity within the US is immense and decentralized. State-legal programs have generated substantial tax revenue, often dedicated to public services, education, and infrastructure. This financial injection demonstrates the considerable consumer demand for the product. Furthermore, the localized nature of the laws has fostered a diverse…