Now legal in 33 states (as well the District of Colombia, Guam and Puerto Rico), cannabis has seen a rise in the percentage of Americans favoring legalization with a majority now in support of ending prohibition. As the tide of public opinion shifts, state legalization has opened up significant economic opportunities. Originally published in the May 28 issue of Los Angeles Business Journal, GHJ Partner Daniel Rowe examines the many tax hurdles facing the rapidly growing industry.

Read full article here.