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One year of legal pot sales and California doesn’t have the bustling industry it expected.
LA Times ^ | December 27th, 2018 | By PATRICK MCGREEVY

Posted on 12/27/2018 2:38:53 PM PST by Mariner

When Californians voted in 2016 to allow the sale of recreational marijuana, advocates of the move envisioned thousands of pot shops and cannabis farms obtaining state licenses, making the drug easily available to all adults within a short drive.

But as the first year of licensed sales comes to a close, California’s legal market hasn’t performed as state officials and the cannabis industry had hoped. Retailers and growers say they’ve been stunted by complex regulations, high taxes and decisions by most cities to ban cannabis shops. At the same time, many residents are going to city halls and courts to fight pot businesses they see as nuisances, and police chiefs are raising concerns about crime triggered by the marijuana trade.

Gov.-elect Gavin Newsom, who played a large role in the legalization of cannabis, will inherit the numerous challenges when he takes office in January as legislators hope to send him a raft of bills next year to provide banking for the pot industry, ease the tax burden on retailers and crack down on sales to minors.

“The cannabis industry is being choked by California’s penchant for over-regulation,” said Dale Gieringer, director of California NORML, a pro-legalization group. “It’s impossible to solve all of the problems without a drastic rewrite of the law, which is not in the cards for the foreseeable future.”

(Excerpt) Read more at latimes.com ...


TOPICS: Business/Economy; Government; News/Current Events; US: California
KEYWORDS: california; cannabis; dalegieringer; freedom; ganja; gavinnewsom; marijuana; medicine; norml; pot; wod
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My assessment is that only a dumbass would start a retail pot business in CA.

The CA law allows every adult to grow six plants to maturity, and keep the proceeds. And to "gift" up to an ounce to any other adult.

Additionally, retail pot costs twice as much as black market pot due to regulation and taxes.

They must have been high when they developed their business plan.

1 posted on 12/27/2018 2:38:53 PM PST by Mariner
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To: Mariner; TheStickman; dainbramaged; beaversmom; T-Bone Texan; dljordan; Mama Shawna; NobleFree; ...

For your interest.


2 posted on 12/27/2018 2:40:15 PM PST by KC_Lion (If you want on First Lady Melania's, Ivanka Trump's or Sarah Palin's Ping Lists, just let me know.)
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To: Mariner

Whut?...................................


3 posted on 12/27/2018 2:40:52 PM PST by Red Badger (We are headed for a Civil War. It won't be nice like the last one....................)
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To: Mariner

So potheads weren’t as smart as they thought they were. Imagine that.


4 posted on 12/27/2018 2:44:50 PM PST by Fungi
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California Uber Alles!


5 posted on 12/27/2018 2:45:49 PM PST by dsrtsage (For Leftists, World History starts every day at breakfast)
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To: Mariner

California couldn’t run a fool proof perpetual motion machine. . . .


6 posted on 12/27/2018 2:45:54 PM PST by RatRipper
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To: Mariner

All I know is when I go to California to visit relatives, the stench of pot is everywhere. Even with the car windows rolled up, it smells like a skunk was run over on every major street corner.


7 posted on 12/27/2018 2:46:04 PM PST by fidelis (Zonie and USAF Cold Warrior)
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To: Mariner

I saw $80 a quarter ounce retail online. Greedy, greedy, greedy. And, no, I don’t no mo...not at those prices!


8 posted on 12/27/2018 2:46:43 PM PST by W. (I'm tired of cleaning up after autokorrect. Wish it would die!)
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To: Red Badger

9 posted on 12/27/2018 2:47:59 PM PST by EEGator
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To: Mariner

[The CA law allows every adult to grow six plants to maturity]


How is 6 plants the basis of a pot farm?


10 posted on 12/27/2018 2:48:13 PM PST by Zhang Fei (They can have my pitbull when they pry his cold dead jaws off my ass.)
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To: Mariner

Grow it on your deck or in your garden for free.


11 posted on 12/27/2018 2:48:44 PM PST by cp124 (I didnÂ’t leave America, it left me.)
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To: Mariner

Over regulation and high taxes can destroy an entire economy, but don’t expect that idea to ever take hold in California.


12 posted on 12/27/2018 2:48:44 PM PST by Spok
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To: Mariner

Dave’s not here.


13 posted on 12/27/2018 2:49:10 PM PST by Drango (A liberal's compassion is limited only by the size of someone else's wallet.)
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To: Mariner

Legalized pot in any state is a libertarian wet dream.

Why? God only knows.

The whole point of legalizing it is to increase the tax base. Which ALWAYS leads to more government spending.

Higher Taxes. More Spending.

This is what liberaltarians want.

Yeah, yeah. Libertarians want their freedom to trip thought life high on dope. Yet they willingly and even eagerly sacrifice other essential freedoms to live that way.

Libertarians. /hock spit.


14 posted on 12/27/2018 2:49:55 PM PST by Responsibility2nd
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To: Mariner

15 posted on 12/27/2018 2:51:33 PM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: Mariner
Additionally, retail pot costs twice as much as black market pot due to regulation and taxes.

 

This is the dirty little secret of legalized dope. Because what you say is true, The State must spend millions of dollars more in cracking down on black market dope and uncollected marijuana taxes.

16 posted on 12/27/2018 2:52:32 PM PST by Responsibility2nd
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To: Zhang Fei

“How is 6 plants the basis of a pot farm?”

When multiplied by even 10 million adults, it’s much, much bigger.

6 plants to maturity, outdoors in the ground will produce no less than 25lbs of trimmed buds.


17 posted on 12/27/2018 2:53:38 PM PST by Mariner (War Criminal #18)
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To: Mariner

Comment #1 BUMP!


18 posted on 12/27/2018 2:53:57 PM PST by PGalt
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To: Responsibility2nd

“This is the dirty little secret of legalized dope.”

Only for a single season and thousands of failed legal businesses.

Then everyone goes black market.


19 posted on 12/27/2018 2:56:48 PM PST by Mariner (War Criminal #18)
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To: Mariner

Time to legalize meth. For the children.


20 posted on 12/27/2018 2:57:06 PM PST by E. Pluribus Unum
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