How To Get Foreign Investment In Your Cannabis Company

Posted On March 2, 2020

Yet the nuances of America’s growing cannabis industry can present obstacles that investors need to be aware of before jumping into the legalized marijuana space.
Essentially, foreign investors will need to engage an American cannabis business at the state level, and the illegality of cannabis at the federal level can have significant immigration and taxation complications.
One of the first obstacles for foreign investment can be the various residency requirements of each state regarding cannabis businesses.
Another significant hurdle for foreign investors centers on immigration requirements.
Since the use or selling of cannabis is still illegal at the federal level, one’s association with a legal cannabis business either in America or abroad could result in the denial of a visa or citizenship.