‘Building the airplane while it’s being flown’
How California looks to build $7B legal pot economy
The Denver Post / AP (US)
Monday, January 30, 2017
Monday, January 30, 2017
In the outskirts of Sacramento, a handful of government workers face a daunting task: By next year, craft regulations and rules that will govern California’s emerging legal pot market, from where and how plants can be grown to setting guidelines to track the buds from fields to stores. Getting it wrong could mean the robust cannabis black market stays that way — outside the law — undercutting the attempt to create the nation’s largest legal marijuana economy. The new industry has a projected value of $7 billion, and state and local governments could eventually collect $1 billion a year in taxes.
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