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High Chris The Path Less Risky | High Chris
With the steady rise of industry-wide acceptance and the legalization of cannabis in some states, we are seeing a surge of activity in the growing industry.
Companies are able to make new investments, many of which come with less risk than traditional operations.
One benefit of setting up a cannabis brand instead of a distribution company is that regulations, fees, and taxes associated with it are not nearly as high. This leaves more room for investments rather than bargaining with higher costs associated with licensing and permitting.
Although cannabis brands need to be mindful of loopholes when deciding on permissible activities, having this standing as opposed to full licensure offers far more flexibility and far less liability when planning for success.
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