My Blog

Strict Regulations, Choking The Marijuana Industry?

California voters approved the legalization of recreational marijuana use in November, and now regulators are hard at work formulating the new rules and fees to be imposed.

There is apparently some significant uncertainty, however, as to whether the regulations will soon be ready to go by next year, when the other regulations and the brand new licensing system for the sale of marijuana are supposed to go into effect.

?Being blunt, there?s absolutely no way in which the state of California can meet all of the deadlines before we go live on January 1, 2018,? state Sen. Mike McGuire, D-Healdsburg, who represents several Northern California counties in prime marijuana-growing country, told the Sacramento Bee. ?We?re assembling the regulatory system for a multi-billion-dollar industry from scratch.?


Read More…

adminStrict Regulations, Choking The Marijuana Industry?