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Clearly, the unregulated market in California is draining the potential of the regulated one, but it is the very taxes and regulations that differentiate them that provide that unregulated market with such a distinct advantage. We have no doubt that if we could get accurate totals on the unregulated cannabis sales in each state, Cali would shine as it should, but instead those stats stay in the shadows.
There are currently too many barriers to entering the legal cannabis industry in California and hopefully many of them will be eased or eliminated when the agencies overseeing the state’s legal weed finalize their regulations sometime next month. That will mark more than two years since Californians passed Prop 64 and will be the first time that we truly know what the legal landscape will look like.
Cannabis, even in legal states, still carries a negative stigma with many Americans, and those opposed to legalization efforts are not only working overtime to perpetuate that stigma, but they are actually starting to weaponize it.
