Marijuana update-California

June 30, 2017

Marijuana update-California

Marijuana update-California

Marijuana Boost to the California Economy

The Los Angeles Times has written a fascinating article about the state of
the marijuana market in California and made some predictions about where its heading.

It could be worth up to $5billion to the California economy and set the state up a destination for marijuana tourism. The people developing the regulations are trying to design legislation that would motivate people to make legal transactions.

The University of California Agricultural Issues Center has been hired by the State Bureau of Marijuana Control to look at the economic impact of this and to track the changes the regulations have in persuading users to switch from illegal transactions to legal ones and the time frame over which this may happen.

This will be having an impact here in Northern California where a lot of activity has already been taking place. Not everyone is in agreement with the changes.

This Daily Californian article from last year was advocating against it stating that it was being bankrolled by billionaires like Sean Parker and George Soros.

For an 81 year old man its amazing Soros finds the energy to get involved in so many pies, especially ones that antagonize the right.

He seems to be the ‘go to guy’ for conspiracy theories designed to show things in a bad light.

With the economic projections from the Center being positive, its certain that this issue will have an impact on the Californian economy and the opinions of the people who live and do business here.

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