A New ‘Indigenous Cannabis Association’ Aims To Unite America’s Tribes Around Cannabis

So what happened?
Many of the 574 federally recognized American Indian tribes are re-recognizing the plant’s medicinal healing powers.

21 of the state’s 27 tribes have a cannabis compact with the governor. Some tribes are only cultivating, some have fully integrated dispensaries. Some tribes just have farmers, some, retail storefronts.

Personally, I’m hoping they make some blunts!

Significance
Tribes are sovereign nations, meaning that their surrounding states’ cannabis policies don’t apply. So, even in remote rural areas, tribal-owned smoke shops can do quite well, selling to tribal members and outsiders alike and having to comply only with compacts made with the U.S. Department of Agriculture and state authorities.

Impact
Then there is the social good such revenues can do: In Washington State, the Puyallup Tribe are putting revenues into clinical cannabis medical research, partnering with academic institutions, as well as building housing for the tribe’s homeless and addressing their local opioid crisis.

Host:
Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast.
https://www.linkedin.com/in/joshkincaid/

Episode 1078 The #TalkingHedge…
Your Cannabis Business Podcast.
​Covering cannabis products, reviews, business news, interviews, investments, events, and more.
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Music Info:
Song: Beat | Keep On | 2020
Artist: Milochromatic Beats
&
Song: Dark Trap Beats Hard Rap Instrumental | Gang | 2018
Artist: LuxrayBeats

Keywords:
Cannabis News, Cannabis Business, Cannabis Pitch Deck, Investment Deck, Cannabis Data, Cannabis Banking, Cannabis Investment, Cannabis Stocks, Cannabis Analytics, Sales Data

This is only entertainment. This is NOT financial advice.

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