Regulation
California Tokes Up! Cannabis Legalization is Here!
Thousands of Californians and visitors waited in line this morning to purchase their first legal recreational marijuana in the state.
Thanks to Proposition 64, as of January 1st, 2018, California’s cannabis legalization is now a fact!
One of the largest purveyors of cannabis in California, Harborside in Oakland opened at 6am and was soon packed to capacity. Operating as a medical marijuana dispensary for many years, Harborside, along with many other medical dispensaries, have chosen to sell recreational marijuana as well now. The only difference besides needing a medical recommendation for medical cannabis (yes, prop 215 is still in effect), is the price. Medical cannabis is not taxed as high as recreational, which adds 15% to the retail cost as well as taxes at the wholesale level. Continue reading