LEGAL MARKET CONSOLIDATION

COURTESY OF GETTY IMAGES

Estimates are that our great state had thousands of dispensaries before legalization took hold. A year and a half later — with the arrival of licensing requirements — California has only a few hundred licensed shops. “All that’s left in the legal market today are companies that were able to obtain either provisional or annual cannabis business permits, a pool significantly smaller than the original group of temporary licensees.”MJ Biz Daily

• “[A]s the state tries to clean up after,” the travails of the cannabis vanguard on which the legal weed industry is built . . .
  

  Log in or become a WeedWeek Member to read this article.