Zachary Kobrin, transactional and regulatory attorney at Saul Ewing LLP discusses the merging of the cannabis and alcohol industries, driven by shifting consumer preferences and the emergence of hemp-derived beverages.
Kobrin discusses regulatory challenges such as stock exchange restrictions on cannabis companies and inconsistent federal regulations.
The conversation also addressed the importance of compliance in restrictive states, regulatory transparency, and the limited impact of the Safe Banking Act on financial issues for cannabis businesses.
Hemp-derived beverages were highlighted as a promising market opportunity, and frustration was expressed regarding the slow progression of cannabis regulation.