One year of legal pot sales and California doesn’t have the bustling industry it expected. Here’s why

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California’s legal pot market hasn’t performed as state officials and the cannabis industry had hoped.

 

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Colorado owns this.

California shooting its self in the foot due to over regulation? I’m shocked!

You can go in a bar or club & sit & have a drink in a nice setting. But if you want weed, you have to go to the seedy strip mall & take it home to use it. So how is business gonna get better? Allow Pot to have some class & it will make money.

Then stop all of the stupid restrictions. Allow the market to grow. Let's not forget, weed people aren't even allowed to pass their money thru the bank yet. Operating in the Dark Ages. Yet there's a dozen places on every block to buy & drink liquor

Well Dugh!!! 🤨

Let's not act like half a billion in tax revenue that otherwise wouldn't be is 'disappointing'

Weed is not addictive And can Heal addiction to anything That's why the Tribal people use it To Calm the Mind from Frenzy To live life peacefully

Illegals will show you how to do it.

Draconian nonsensical regulations and astronomically high taxes?!? Who could have seen that coming...

UrbanizeLA It's taxes too heavily and arbitrarily regulated dosages.

Prob since people are still getting drug tested for jobs...

It’s just napping.

Yeah, the govt. will step on this industry's neck until Altria (who owns Marlboro cig brand) steps in and dumps their $$. Then pot will be in high school vending machines. $$$$$

Davidlaz Not surprised.Too many towns & cities in Calif shut out the potential entrepreneurs by stopping them from opening. In addition the complex 'permit' process is a roadblock All good for the guy on the corner whose been selling weed illegally & pays no tax

Hey pot industry, sounds like nobody ever sat you hippies down and explained the difference between communism and American capitalism. Here goes: In communism, who cares. In capitalism, you make political 'donations' and you make them big and you make them often.

Give it time for christ sake!

If you don't make it competitive with the black market it's never going to work. I know mathematics isn't TheDemocrats strong suit, but come on.

Its California. Only people going to legal dispensaries are white collar. Lil Krump and them still going to their local tax free weed man

Decriminalization 'Legal'

Patience. The first 2 years in Washington went poorly too. Now boutique quality 1/8's sell for $25-$50 per.

No one is surprised right? The only people who ever seem to not know the obvious are the politicians.

California you haven't learned anything from Disney? After all these years? Low prices to drive out the competition and then you gradually lift them...it's not like you don't have enormous amounts of already well placed competitors in every block....

What does perform as Democrat polices promise? None!

Pricy and fragmented areas stunt growth

The taxes are too damn high! Just grow your own.

Who wants to pay the high tax on it? Should of kept it medical and keep bureaucracy out of it.. morons!!

Retailers and growers say they’ve been stunted by complex regulations, high taxes and decisions by most cities to ban cannabis shops.

Let the feds allow banking to enter the marijuana arena as Candace has and you'll see a huge jump.

Why would we buy weed for 30% more than costs? So our corrupt government can tax and spend more? Screw you! Weed should be basically free. The Liberal Weed Movement is all about the money.

Welp when you tax the FuC out it, force pricing on a1/8th that'd most can't afford. After paying over priced rents. Plus you don't let the free markets exist the result equals poor profits And high costs for the Operators of😂. Screw the people screw urself!

Another factor is that the legal dispensaries will always have competition with the underground economy. Perhaps a lesser quality but cheaper weed.

😂😂😂😂😂😂

It will take some time in California. The dealers have been well established in that state, as well as the cartels.

Maybe it’s the 35% tax on top of already outrageous prices...

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