Recreational cannabis has become a major industry in California. The cost of cannabis in California has become an immediate setback that has initially raged buyers, reducing expected expect and nation incomes. The effective nuisance tax on a gram of cannabis bought in San Jose works out to a sizable 38 %.
If the regime of California were countries around the world, it would have the fifth biggest GDP in the world.
Take this kind of spending power and compound it with the recent legalization of recreational cannabis, and it’s fair to say that the Golden state is primed to become the Holy Grail of cannabis opportunities.See the rest of the tale at Business Insider
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