In California, high hopes for ‘green rush’ with advent of legal pot
LOS ANGELES: At the stroke of midnight on Jan. 1 - a glass of champagne.
America’s wealthiest state is consumption of recreational mari world’s biggest market.
are high—and the Golden State’s watched closely.
that it will be worth $22.6 billion in
with almost three quarters of that from recreational use.
But 2018’s transition will not be automatic—or simple.
Although eight other states already legalized recreational
their own regulations and supply
legalization of medicinal cannabis law in 2016. But the substance is still considered illegal under fed hostile on the issue.
Thriving black market?
According to the new law in 21 can get up to 28.5 grams ( one ounce) of cannabis without a prescription and grow up to six plants per residence.
It cannot be consumed in public places or while driving—nor can it 300 meters) of a school or other place for children.
and sale of marijuana also requires municipal and state permits.
San Diego and San Jose have licenses to several dispensaries that can start selling recreational marijuana on Monday. Year’s party as authorities will only begin to accept applications on Jan. 3.
said the process “is not going to
Kiloh’s dispensary is full.
a distinctive smell and products
- concern is that while he is closed other shops will be operating without one—offering attractive prices and drawing customers away.
Dispensaries can be seen on which ones are legal.
- mist and president of plantbased therapeutics corporation 80 percent of the industry that operates in Los Angeles right now operates without a permit also estimates only 135 shops operate above board.
market generated $5.1 billion in 2016.
‘Crazy fluctuation’
Authorities in Los Angeles have said they are working on a plan to cut off electricity and water at illegal vendors. Other more conservative cities will simply prohibit sales.
estimate that costs could hike up to 10 percent on top of that— as well as license requirements and required technology such as trackers for each plant.
-
Marijuana for medical use should become cheaper and available for purchase in more quantities.
Kiloh estimates that to meet -
when recreational marijuana went on implemented to allow distributors to meet the astronomical demand.