"The legal market in California, despite being 10 years legal, is still less than 40% of the cannabis consumed in this state so we are still fighting every day against folks that are unregulated, they're untaxed, and we don't know the safety of their products."
"They gotta cut us some slack because, honestly, the cannabis industry is really struggling right now, not only because of heavy state regulation and taxes, but also because of competition from illegal growers in the state."
The Trump administration is advocating for significant changes in cannabis policy as the unofficial holiday 420 passes. Despite legalization in California, the cannabis industry faces challenges, including heavy regulations, high taxes, and competition from illegal growers. The legal market remains under 40% of total cannabis consumption in the state. President Trump has proposed reclassifying marijuana as a Schedule III drug, but this change has not yet been implemented. Industry experts express concern over the struggles faced by legal dispensaries and the impact of unregulated products.
Read at ABC7 San Francisco
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