Cannabis Counsel, Alexa Steinberg, shares her insight with Investors Business Daily in an article about the emergence of cannabis stocks and their profitability, which is the product of increased State legalization and efforts toward federal decriminalization—both presenting a big adjustment for a historically clandestine industry.

Excerpt: 

"It's really a lack of sophisticated business operators, and a lack of really understanding of what it's like to operate out of the shadows," said Alexa Steinberg, counsel at Greenberg Glusker in Los Angeles. "We find ourselves doing a lot of catch-up, cleanup, filing back taxes."

Read the full article here.

Resources

• Investors Business Daily