Is Cannabis Rescheduling A Solution? Experts Delve Into California Cannabis Retail Challenges At Benzinga Conference
Portfolio Pulse from Joana Scopel
Experts at the Benzinga Cannabis Capital Conference discussed the challenges facing the cannabis industry in California, including high taxes, strict regulations, and a complex payment processing landscape. Despite these issues, the state remains a hub of cannabis activity. Some experts suggested that cannabis rescheduling could be a solution for the beleaguered market. The CEO of Statehouse Holdings Inc. (OTCQB:STHZF) highlighted the need for clarity and consistency in the payment processing sector.
October 03, 2023 | 10:55 pm
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Statehouse Holdings Inc. is directly impacted by the challenges in the cannabis industry in California, particularly the lack of clarity in the payment processing sector.
Statehouse Holdings, as a player in the cannabis industry, is directly affected by the regulatory and operational challenges in the sector. The lack of clarity in payment processing, as highlighted by the company's CEO, could impact its operations and financial performance.
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