Blogs & Articles

The Black Market For Pot Is Still Thriving In California (HBO)

Recreational marijuana became legal in California in January. But for small-scale veteran growers like Jason Fleming, licensing backlog may shut his business down before he sells a single nug on California’s new legal market. The state already had a 22 year old medical marijuana industry that outlined a legal route for patients to purchase pot from licensed dispensaries, but left the path for the weed to the shops in what can only be described as a very, very, gray area. The Medical and Adult Use Cannabis Regulation and Safety Act changed all of that — now all growers have to be licensed, and their wares need to be tested in a lab. “We want to make sure that people are getting safe cannabis, that when they come to a licensed retail store. they know it’s safe to consume,” says Lori Ajax, Chief of the Bureau of Cannabis Control, which regulates distributors. Growers and consumers also pay new state and local taxes that can get as high as 45%. Despite the significantly higher overhead, Fleming is determined to make it in the new, legal marketplace. He’s complied with licensing law by purchasing a growhouse for $25,000 a month, and filled out ...
Original author: WeedVoice MjLink
Chemesis International Inc (OTCMKTS:CADMF) New Tec...
Short Interest in Aurora Cannabis Inc (ACB)...