Are High Taxes and Regulations Crippling the Adult Use Marijuana Market in California?

The high taxes and mountains of regulations that recreational cannabis businesses in California face is a subject I’ve covered a couple of times before. It has now been 3 full months since adult use sales became legal in the state, and in that short time there has been a lot of noise made about how much higher the state of CA has made legal marijuana prices for shops that are legally licensed. I say the “shops that are legally licensed” because by most estimates, the number of unlicensed shops littered throughout the state dwarfs the number of licensed businesses....

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