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FEDERAL UNCERTAINTY STOPS REI FROM ENTERING MARIJUANA MARKET Business 

FEDERAL UNCERTAINTY STOPS REI FROM ENTERING MARIJUANA MARKET

Executives at retail recreational company REI have discussed the idea of entering the coming-of-age marijuana industry; however the company is concerned about ongoing ambivalence on the U.S. federal level.

Ongoing federal prohibition deters banks and the majority of mainstream corporations from directly, or even peripherally, working with the cannabis industry. Bitcoin is currently the industry’s currency of choice.

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