Landau Quoted in Article on Ability of Cannabis Businesses to Operate Successfully

James K. Landau, Commercial Litigation

James K. Landau, a member of our Cannabis LawCommercial Litigation and Appellate Practice groups, was recently quoted in an article entitled “Cannabis is Poised to Rescue the Economy From Collapse“. Jim had this to say about the impact of tax rates on the ability of a cannabis business to operate successfully: “such high tax rates coupled with the lack of available deductions and prohibitive license fees make it virtually impossible for a cannabis business to operate successfully in the legal marketplace,” Jim said.  “Intelligent regulation is needed at both the federal and state level if we are going to be successful in bringing the legacy cannabis market above-ground.”