At Seattle-based Privateer Holdings — which invests in the cannabis industry to acquire and create mainstream brands, like Leafly.com — Patrick Moen, a former DEA agent now on staff, says he remains cautiously optimistic that a federal reversal is “inevitable” given the latest votes. "This is just another thumb on the scale with regard to the whole panoply of federal issues here,” said Moen, managing director of compliance at Privateer. “It represents the will of the people. Eventually, the federal government will catch up.”
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