Federal legalization: How Close Are We?

Federal legalization: How Close Are We? with Rocco Petrilli and Tamala McBath. Tamala is the Executive Director of the NCRMA, National Cannabis Risk Management Association as the Chief Execution Officer, and Rocco Petrilli, Chairman of the National Cannabis Risk Management Association (NCRMA) Both are Members of NCIA’s Risk Management and Insurance Committee. Now that we are past the inauguration of the Biden-Harris Administration, past the election, and we have a friendlier Congress ahead of us, the idea of federal legalization seems even closer, within reach. With legalization around the corner, we talk about their thoughts on the potential legal ramifications to the industry. Currently, companies operate at the state level, and can’t just cross state lines and open another business. It’s an entirely different licensing process in each state, and there are certainly differences. With the prospect of an “umbrella legalization” in America, that could change the legal landscape in how businesses operate. We all discuss if businesses have more or less legal exposure post-legalization. That and much more on federal legalization: How Close Are We? with RMIC, Rocco Petrilli, and Tamala McBath today on NCIA's Cannabis Industry Voice.