Fewer than 1 percent of growers are legal
The vast majority of California's marijuana growers have yet to move into the state's new legal regulatory framework, leaving big questions looming around whether they can survive in the brave new world of legal weed, whether a substantial illicit market will remain and whether that anticipated tax revenue windfall will actually materialize. According to a report released Feb. 19 by the California Growers Association, representing mainly small-scale growers across the state, fewer than 1 percent of growers have been licensed so far.…
Fewer than 1 percent of growers are legal
The vast majority of California's marijuana growers have yet to move into the state's new legal regulatory framework, leaving big questions looming around whether they can survive in the brave new world of legal weed, whether a substantial illicit market will remain and whether that anticipated tax revenue windfall will actually materialize. According to a report released Feb. 19 by the California Growers Association, representing mainly small-scale growers across the state, fewer than 1 percent of growers have been licensed so far.…