After spending the bulk of his professional career enforcing federal cannabis law, former California Attorney General Bill Lockyer is cashing in on the state’s legal cannabis industry by co-founding his own cannabis distribution firm.
Dubbed C4 Distro, Lockyer hopes to zero in on targeted markets by focusing his efforts on the 700 cannabis dispensaries in Los Angeles while other distribution companies focus on servicing the rest of the state.
Speaking with the Los Angeles Times, Lockyer said that his involvement in the cannabis industry is a mixture of helping his children pay for college and to bring the fledgling industry into the light by helping its new regulations work.
“For me as somebody who was on the law enforcement side for so many years, I saw the inadequacies of the effort to regulate something just by calling it illegal,” Lockyer said. “I think legalizing will help stabilize and help legitimize this industry and result in better consumer protection and other public benefits.”
With one warehouse already in south Los Angeles county, Lockyer is ready to apply for a state cannabis distribution license.