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Ninth Circuit bars cannabis companies from pursuing RICO claims

Daily Journal

February 6, 2023

By: Joshua Robbins and Oren Bitan

Doing business in California’s legal cannabis industry remains a risky endeavor. The majority of the industry is still unlicensed, tax rates at the state and local levels are high (notwithstanding a recent reprieve from California’s cultivation tax), and there are not enough licenses to meet geographic demand throughout the state.

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