The number of licensed recreational cannabis stores in California is far short of what’s needed to adequately supply the market, as licensing logjams at the local level constrain establishment of operations in large portions of the state.
It’s yet another issue hampering the rollout of California’s recreational marijuana industry, which has experienced lower-than-expected tax revenue and a flourishing black market.
Chart: Number of California licensed recreational marijuana stores falls short is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
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