Watch Why California’s Illegal Weed Business Is Bigger Than Ever Video

27 sec read

“So far, it’s been quite a year for weed: California’s foray into legal recreational use began in January, former House speaker John Boehner said his views on the drug had “evolved” and joined the board of cannabis company Acreage Holdings, and New York Senator Chuck Schumer announced on Friday (yes, on 4/20, for those keeping track of these details) a plan to try and decriminalize marijuana at the federal level.

“But like the crop itself, cultivating a mature market takes an investment of time and resources.

“California’s legalization of recreational marijuana hasn’t been without growing pains, with industry experts saying a clunky rollout, local resistance and burdensome tax and regulatory requirements are keeping the industry from hitting its stride.”

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