Black Market, High Taxes Hurting California's Legal Cannabis Industry

December 3, 2019
California sales of legal cannabis are expected to top $3 billion this year, more than Washington and Colorado's markets combined. So why are so many California cannabis companies cutting their workforce or scaling back growth plans? Well for starters, the black market in The Golden State is thriving and expected to bring in $8.7 billion this year alone. But that's just one of the many problems the legal cannabis industry in California is facing. Sonia Luna, Founder & CEO, Aviva Spectrum, joined Cheddar to discuss.
close
We use cookies and similar technologies on this site to collect identifiers, such as IP address, and cookie and device IDs as described in our Privacy Policy.