On June 15, 2017, the California State Legislature will vote on a state budget package, including a cannabis budget trailer bill.
Tag Archives: Nate Bradley
In 2016, more than 750,000 people in the state of California were registered medical marijuana users, making up nearly 2 percent of the state’s population. So what will change for the medical industry since the legalization of marijuana? Prices.
On Dec. 14, 2016, CannaCraft, a group of California-based cannabis companies raided this past summer, held a ribbon-cutting ceremony to mark its approval from the City of Santa Rosa to open back up for business.
New Frontier Data estimates California’s marijuana industry will generate $7.6 billion a year in direct sales to consumers by 2020, and that’s not including sales generated when growers sell to processors and when processors sell to dispensaries.
In what most are calling a landmark development not only for state regulation of the industry but for its potential impact on the national debate, lawmakers in California passed the Medical Marijuana Regulation and Safety Act on September 11, 2015.