How the 2016 Election Killed the California Marijuana Business Model
While most people are busy talking about the potential doom from a Trump presidency, there is a much more real change undergoing. For the first time in American history, we have seen the country take steps towards acceptance of marijuana (for better or worse). California made history with the passing of its marijuana legalization bill, which presents a more interesting look at the substance than most understand.
California did not just legalize recreational marijuana, but rather said that ONLY recreational marijuana was legal and also took measures to limit the amount of weed people would be able to grow in their own homes. This means gone are the days of sketchy Venice Beach shops that hand out medical marijuana cards in exchange for $40~ and those sketchy neighbors with boarded-up windows in a house that smells like pot from down the block. California said they want to see as many...
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