California begins business for legalized, recreational marijuana

SAN FRANCISCO — As dispensaries across California begin to sell marijuana for adult recreational use — so begins the projected seven-billion-dollar revenue of the legal weed industry in the state.

And small-scale growers say they are finding challenges when they’ll compete with big businesses looking to break into the industry.

 

Fil-am marijuana advocate and entrepreneur nina parks cites how the voters of prop 64 were promised that small marijuana farms and mom-and-pop businesses would be protected.

[reuters 4173 – weed broll]

This would have been done through the state denying a license to any marijuana farm larger than one acre until 20-23.

However, a new rule takes off the one-acre cap — which allows no limit of the size of grow operations in the state.

“That was the intention. They would have 5 years to be able to get their businesses up and running and get to a point where they could compete with what was obviously coming down the pipeline, which is crazy we would have mega-sized growers considering like you said the vast amount of stigma that existed and if the vast amount of stigma truly existed would there be megasize players/growers ready to get in there?” said grower Nina Parks.

Parks goes on to name more challenges people face as they attempt to open their dispensaries.

“The property owners mark up the prices on the property six times of what the market rate is when they find out you have a cannabis business. However, when we’re being taxed and regulated all the way down the line… those numbers on those buildings are completely out of whack. If any of these buildings have bank loans on them and they’re trying to get people to lease the spaces, banks don’t want anything to do with cannabis.”

The legalization of recreational marijuana in California has also sparked efforts by some cities to repair decades of damage caused by America’s war on drugs.

Oakland launched the nation’s first equity program that sets aside half of all medical and recreational business licenses for applicants who are part of minority communities that were negatively impacted by marijuana criminalization.

Los Angeles and San Francisco have followed suit.

“They had so many arrests and so many lives damaged by the over-policing of their communities because of the war on drugs, specifically for cannabis. They saw the damage that was done. So they created policy in order to try and heal that by making pathways for people with those narratives to be able to get in the business.”

Overall, Parks says that despite the challenges, she remains committed to the industry…but warns others looking to cash in on California’s green rush, that they’ll need to be more than just passionate about pot — they’ll also need be knowledgeable about policies.

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  • Santiago Del Mundo
    5 January 2018 at 12:21 am - Reply

    According to Roy Ypon (Critic and Anti-Recreational Marjuana Advocate Based In Stockton California), the damaged that marijuana abusers are claiming are idiotic and misguided as the result of over smoking of marijuana. For example, if you go to downtown San Francisco, you’ll smell marijuana and see people smoking it. The sad part is that people look like they have not been taking shower for decades (contrary to the damaged caused by the war on drugs). When you try to talk to this people, they looked like they’re gone or their mind is somewhere in “Lala land”.

    According to Schladebeck (Daily News 2018) Attorney General Jeff Sessions announced the REPEAL of the 2013 Obama-era policy that protected legalized marijuana from various states from federal intervention. Any law abiding citizen should support this to make America great again.

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