New York May Displace California As Cannabis Capital Of The World

I’m not a fan of the adult-use legalization framework in California known as Prop. 64. Voters passed this ballot measure in 2016 by a large majority of 56%, which is unheard of in modern politics, even in deep-blue California. Five years later, much of California does not have dispensaries—or cannabis retail, manufacturing, or cultivation—as local officials have banned cannabis businesses.

Many stakeholders, myself included, have tried to persuade Democratic lawmakers in Sacramento to reform Prop. 64, and yet all of those efforts have failed, despite one-party rule. If there was ever a poster child for how NOT to legalize cannabis, it looks like the Golden State. The inability to reform something that everyone agrees needs reform with one-party rule has been beyond frustrating, and it’s why many cannabis people in California may support the recall of Governor Newsom unless he does something about it.

– Read the entire article at Forbes.

Read More Here…

Share on facebook
Share on twitter
Share on reddit
Share on pinterest
Share on email

Bud Digest

This entry was posted in Vaporizer E-Cigarette Stocks News. Bookmark the permalink. Follow any comments here with the RSS feed for this post. Post a comment or leave a trackback.

Leave a Reply

Your email address will not be published. Required fields are marked *

Your email address will never be published.