July 1 marked a huge shift for cannabis businesses in California, as certain regulations embedded in Proposition 64 became law. Although businesses knew the change was coming, it marked a major change in the supply chain for marijuana throughout the state. No longer was the focus solely on growers and dispensaries. These new regulations have…
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Marijuana laws in Ohio have experienced a bit of a failure to launch. In 2015 a legalization ballot measure was voted down, largely due to a scare campaign that positioned the 10 pre-designated cultivators as a monopoly. In 2016, HB-523 was signed into law by Gov. John Kasich that set up a process for medical…
Continue reading ›The passing of Proposition 64 in 2016 legalizes recreational marijuana in California as of January 1, 2018. This will increase the opportunity for marijuana businesses to grow throughout the state. According to an article from Forbes, California cannabis business owners are projected to make $5.2 billion in revenue in 2018, with about $1 billion in…
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