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Showing posts from January, 2018

2018...too soon, too soon..

January 1, 2018 marked an important landmark for the cannabis industry in California.  As early as 6 am, legal dispensaries started selling cannabis for adult ("recreational") use.

I woke up early and visited Mankind Coop.  They were bringing in the new year and the new rules with some music, T-shirts, photo booth, and other tokens of appreciation for this moment in time.

Already, we are seeing the positive and negative ramifications of the modernized regulatory paradigm.  Every customer that purchased product in California starting 1/1 received their purchases in child proof packaging.  "Adult Use" customers purchases included additional taxes that their state and local governments will deploy to improve their communities, provide drug education, etc.  

The new regulations bring quite a bit of confusion and uncertainty to the industry as well.  For example, even as local municipalities are still working through their final licensing plans, retail outlets are only all…