Articles Tagged with marijuana dispensaries

Both medical and recreational marijuana are now legal in California. And yet for about 40 percent of the state, itrecreational marijuana would be difficult to tell. Thanks to some data analysis compiled by The Sacramento Bee, we can clearly see how local regulations have shaped the pot landscape in the state as a whole and how it is affecting people who live in more remote areas of California.

The report defined some regions of California as being “pot deserts” – areas where residents have to travel 60 miles or more to access legal marijuana at a licensed dispensary. An additional 29 percent have to drive 30 to 60 miles to the closest location. This disparity in cannabis access stems from the clause in Proposition 64 that allows local governments to establish their own set of recreational marijuana regulations or to ban sales altogether. While a majority of residents in the state clearly favor adult-use marijuana based on the 2016 vote, there is seemingly a desire among many districts to leave the actual growing, producing, and selling of the drug to other cities … cities far away from their own. Continue reading

Marijuana consumers and rights activists have praised Colorado for its role as one of the first states in the nation to legalize marijuana for recreation. The move was touted as not only good for consumers, but also for states hoping to cash in on the tax dollars. marijuana

However, it seems that legalization may not be bringing in as much tax revenue as expected – and that’s because the increased availability has driven down costs. Vox.com reports new data from the Colorado Department of Revenue shows that the wholesale price of cannabis has fallen 22 percent since recreational sales first started three years ago. It’s now at about $1,470 from $1,880. That’s a stark change from what we saw immediately after legalization, when prices soared to $2,865 per pound when there was a short supply and high demand. Prior to legalization, the wholesale price of marijuana could reach as high as $5,000 per pound.

Speculation is that these prices aren’t done falling. Drug policy experts say once mass production really kicks into high gear, the price per pound could reach somewhere between $30 or $45. That’s because even in Colorado, there has to be some consideration of the fact that the drug is still illegal for recreational purposes in most other places in the country. This drives marijuana tourism in Colorado, which will likely drop off if and when the drug becomes more readily available in other states.  Continue reading