Categories: aggregated

Is $100,000,000 Enough to Rejuvenate California’s Legal Cannabis Industry?

However, only 1,086 retail shops and delivery firms have received licenses. In 2019, industry officials also estimated there are up to three times as many unlicensed businesses like the ones with state permits. This means there is still a need to get more licensed stores, so the numbers are more impressive. Some cannabis industry leaders believe that enforcement has reduced the number of illegal pot stores, which is commendable, yet unlicensed retailers still outnumber those with licenses.

Jason

Share
Published by
Jason

Recent Posts

A U.S. Weed Company Finally Cracked The NYSE. It Had To Leave The Recreational Pot Behind.

Trulieve becomes the first U.S. cannabis company to trade on the NYSE on June 10.…

22 hours ago

AI Is Growing Your Weed Now

From robot canopy scanners to algorithmic breeders to AI-powered dispensary counters, artificial intelligence is remaking…

3 days ago

The THC Breathalyzer Hype Machine: Why This Technology Still Doesn’t Solve the Problem

The latest version of this story comes from Virginia Commonwealth University, where researcher Emanuele Alves…

3 days ago

From Ditch Weed to Dank: The Lost World of 1977 Cannabis and Why It Still Matters

But there's more to this image than nostalgia and comedy. What you're looking at in…

3 days ago

The WNBA Just Dropped Its Weed Ban. It Banned Psychedelics In The Same Breath.

The league pulled marijuana off its banned list in the new players’ agreement. In the…

4 days ago

Medical Cannabis Behind the Wheel: NSW Proposes ‘Three Strikes’ Before Penalties

In New South Wales, Australia, patients can legally use medical cannabis with a prescription. So…

4 days ago