How California’s legal marijuana market wound up in crisis mode after two years

Most industry watchers agree that California’s marijuana market problems stem from three main factors including a dual licensing system; high state and local taxes; and the
ongoing success of the illegal cannabis market. Some even suggest that Proposition 64, which legalized recreational marijuana in 2016, actually strengthened the illicit sector instead of reducing its impact.

How California’s legal marijuana market wound up in crisis mode after two years is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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