The cannabis industry is awaiting a legal green light, but can businesses survive?

Legal gray area surrounding the drug makes it difficult to prepare next steps, with rescheduling a perpetual threat

The Benzinga Cannabis Capital Conference, which took place in downtown Chicago last week, revealed an industry tensely awaiting legal legitimacy.

At first glance, it looked like any other business conference. Men, many in formal business suits, outnumbered women. The exhibition hall was completely devoid of skunk-y smells and a free T-shirt or tote bag was easier to come by than a joint.

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