New York May Displace California As Cannabis Capital Of The World

I’m not a fan of the adult-use legalization framework in California known as Prop. 64. Voters passed this ballot measure in 2016 by a large majority of 56%, which is unheard of in modern politics, even in deep-blue California. Five years later, much of California does not have dispensaries—or cannabis retail, manufacturing, or cultivation—as local officials have banned cannabis businesses. Many stakeholders, myself included, have tried to persuade Democratic lawmakers in Sacramento to reform Prop.…


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