Alcohol Helping The Marijuana Industry!

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Summary

So, how would a federal legal cannabis industry modeled after the “federal system for the regulation of alcohol services” work? The entry of alcohol companies into the cannabis industry, however, presents a number of significant questions. The alcohol industry is known for its high degree of consolidation, with a few large companies dominating the market. Is alcohol helping marijuana industry? At a minimum, a shift towards a regulatory structure that more closely resembles the alcohol industry would change the paradigm for a cannabis industry that has developed in a decentralized manner (out of necessity) over the past several decades.

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Have cannabis leaders, working hard on federal legalization, found a powerful ally?  Is alcohol helping marijuana industry?  On March 22, 2023, the Wine & Spirits Wholesalers of America (WSWA) sent a letter to Congress stating that “[t]he time has come for Congress to legalize and regulate adult-use cannabis at the federal level” and that the inconsistency between federal and state cannabis policy “undermine[s] the rule of law and weakens public health and safety, while leaving states unsupported in their efforts to create safe, regulated markets and eliminate dangerous black-market activity.”   Support for cannabis legalization...

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