Show me the money! Is the California Cannabis Rush less of a gold rush and more of a trickle?
One year in, California’s effort to move its longstanding illegal and medical marijuana markets into a unified, multibillion-dollar industry has proven to be chaotic and turbulent. Promises of a tax windfall have not come to pass, and the black market by some estimates remains as much as 80% of cannabis sales. New business casualties are starting to stack up. What does the future look like?