ERVA NEWS – Know more, Feel better
  • Business & Industry
    • Market Analysis & Trends
    • Investment opportunities
    • Company Profiles & Statistics
    • Mergers & Acquisitions
    • Marketing Strategies & Supply Chain Insights
  • Health & Wellness
    • Medical Research & CBD Benefits
    • Treatment Options & Dosage Guidelines
    • Mental Health Applications & Patient Testimonials
    • Wellness Routines, Athletic Recovery & Sleep Improvement
  • Science & Technology
    • Cannabinoid & Terpene Research
    • Cultivation Techniques & Genetic Studies
    • Extraction Methods & Bioavailability
    • Lab Testing & Cultivation Science
  • Legal & Policy
    • State, Federal & International Laws
    • Regulatory Changes & Compliance Guides
    • Licensing, Banking Regulations & Taxation
    • Social Equity, Local Ordinances & Import/Export Rules
  • Lifestyle & Culture
    • Consumption Guides & Product Reviews
    • Recipes & Storage Tips
    • Event Coverage & Travel Guides
    • Celebrity News, Community Stories, Art & Music
  • Shop

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Florida Billionaire Donates $20M to Candidates that Oppose Cannabis Legalization Effort

December 8, 2024

New York Officials Release Multi-Year Cannabis Industry Report

December 8, 2024

Vice Presidential Nominee Tim Walz Has A Rating from NORML for Cannabis Policy

December 7, 2024
Facebook Twitter
Facebook Twitter
ERVA NEWS – Know more, Feel better
Sunday, July 6
  • Business & Industry
    • Market Analysis & Trends
    • Investment opportunities
    • Company Profiles & Statistics
    • Mergers & Acquisitions
    • Marketing Strategies & Supply Chain Insights
  • Health & Wellness
    • Medical Research & CBD Benefits
    • Treatment Options & Dosage Guidelines
    • Mental Health Applications & Patient Testimonials
    • Wellness Routines, Athletic Recovery & Sleep Improvement
  • Science & Technology
    • Cannabinoid & Terpene Research
    • Cultivation Techniques & Genetic Studies
    • Extraction Methods & Bioavailability
    • Lab Testing & Cultivation Science
  • Legal & Policy
    • State, Federal & International Laws
    • Regulatory Changes & Compliance Guides
    • Licensing, Banking Regulations & Taxation
    • Social Equity, Local Ordinances & Import/Export Rules
  • Lifestyle & Culture
    • Consumption Guides & Product Reviews
    • Recipes & Storage Tips
    • Event Coverage & Travel Guides
    • Celebrity News, Community Stories, Art & Music
  • Shop
ERVA NEWS – Know more, Feel better
Home»Business & Industry»Federal Lobbying Spending by Cannabis Industry Down
Business & Industry

Federal Lobbying Spending by Cannabis Industry Down

August 1, 2023Updated:December 6, 2024No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
Federal Lobbying Spending by Cannabis Industry Down
Share
Facebook Twitter LinkedIn Pinterest Email

Federal lobbying efforts by hashish business operators is down, in line with a Stat News report. Curaleaf spent practically 40% much less on lobbying in Washington, D.C. within the first half of the yr than it did at its peak in 2019, the report says, whereas Columbia Care and Pax Labs eradicated their lobbying groups totally.  

In an announcement to Stat, Aaron Smith, co-founder and CEO of the Nationwide Hashish Trade Affiliation (NCIA), which lobbies lawmakers, known as it a “merciless irony” that “companies are compelled to chop again on their authorities relations spending when in actual fact that advocacy [is] what’s wanted to ensure that the business to really succeed.” 

The NCIA has spent $100,000 on lobbying to this point this yr, in line with federal disclosures outlined by Stat. The group spent $285,000 on lobbying within the first six months of 2019. 

The U.S. Hashish Council spent $150,000 on lobbying efforts final quarter and plans to spend as a lot, or extra, a spokesman informed Stat. The group has additionally launched a brilliant PAC. David Culver, the group’s senior vice chairman of public affairs, informed Stat the group desires to “be a giant tent group.”  

“Everyone realizes that if now we have a singular and unified business voice … that we’re gonna have much more success.” — Culver to Stat 

The American Commerce Affiliation for Hashish and Hemp started lobbying in late 2019 and has additionally modestly elevated its lobbying in latest months, spending $50,000 to this point this yr on lobbying; in 2022, the agency spent a complete of $50,000 for a whole yr of lobbying. 

Two corporations centered on lobbying for hashish reforms – the Hashish Commerce Federation and the World Alliance for Hashish Commerce – seem to have folded totally, the report says.  

Adam Goers, the senior vice chairman of company affairs for Columbia Care, informed Stat that whereas “there could also be much less firm spending” on lobbying, what does get spent “is extra pragmatic” and “rather more centered.”

Get every day hashish enterprise information updates. Subscribe

Source link

cannabis cannabis industry Cultivation Federal industry Investments Lobbying marijuana business market growth Regulations Spending
Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
Previous ArticleThese Companies Are Leading the Artificial Intelligence Revolution
Next Article Cresco Labs and Columbia Care Terminate $2B Merger

Related Posts

Florida Billionaire Donates $20M to Candidates that Oppose Cannabis Legalization Effort

December 8, 2024

New York Officials Release Multi-Year Cannabis Industry Report

December 8, 2024

Vice Presidential Nominee Tim Walz Has A Rating from NORML for Cannabis Policy

December 7, 2024

Delaware Receives 1,260 Adult-Use Cannabis Applications

December 7, 2024

Comments are closed.

Our Picks

Florida Billionaire Donates $20M to Candidates that Oppose Cannabis Legalization Effort

December 8, 2024

New York Officials Release Multi-Year Cannabis Industry Report

December 8, 2024

Vice Presidential Nominee Tim Walz Has A Rating from NORML for Cannabis Policy

December 7, 2024

Delaware Receives 1,260 Adult-Use Cannabis Applications

December 7, 2024
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Don't Miss
Legal & Policy

Florida Billionaire Donates $20M to Candidates that Oppose Cannabis Legalization Effort

December 8, 20240

In an August 2 op-ed, Ken Griffin, the billionaire investor and CEO of Florida-based Citadel…

New York Officials Release Multi-Year Cannabis Industry Report

December 8, 2024

Vice Presidential Nominee Tim Walz Has A Rating from NORML for Cannabis Policy

December 7, 2024

Delaware Receives 1,260 Adult-Use Cannabis Applications

December 7, 2024
logo

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Social mendia

Facebook-f Twitter

Categories

  • Business & Industry
  • Health & Wellness
  • Science & Technology
  • Legal & Policy
  • Lifestyle & Culture
  • Business & Industry
  • Health & Wellness
  • Science & Technology
  • Legal & Policy
  • Lifestyle & Culture

Our Picks

Florida Billionaire Donates $20M to Candidates that Oppose Cannabis Legalization Effort

December 8, 2024

New York Officials Release Multi-Year Cannabis Industry Report

December 8, 2024

Vice Presidential Nominee Tim Walz Has A Rating from NORML for Cannabis Policy

December 7, 2024
© 2024 ervanews.com. All rights reserved.