US cannabis company Green Thumb Industries continues to be held back by a lack of certainty in state level markets and continued inaction at federal level which leaves its main area of business on the wrong side of the law and hinders its ability to undertake basic financial necessities, including raising money for investment.
“The lack of progress regarding cannabis regulation from our elected officials in Congress is mind-numbing,” founder, chairman and CEO Ben Kovler said when reporting the Chicago-based company’s results for 2022.