What Happens When Cannabis Becomes A Commodity?

In an article by Robert Hoban, an expert cannabis attorney and founder of The Hoban Law Group, on Forbes, Mr. Hoban discusses the commoditization of cannabis.

“The core functions of a commodity exchange are to ensure fair and orderly trading and the efficient dissemination of price information for any securities trading on that exchange. This tends to give companies, governments, and other groups a platform from which to sell securities to the investing public. Certainty, transparency, and consistency are essential for industrial hemp or commercial marijuana to make the transition to commoditization.”

With extensive experience in navigating the complexities of regulated commodities, Green Operating and Logistics Services is able to help growers, sellers, buyers, and traders of all varieties prepare for the inevitable regulatory and compliance requirements that are certain to affect cannabis and hemp products. Our services can directly contribute to the required transparency and security that will come to be standard across the industry.

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The upcoming legislation will shape regulation.