5 years of legal weed in CA: Barriers to entry, social equity challenges, booming illicit market
5 years of legal weed in CA: Barriers to entry, social equity challenges, booming illicit market
Quick summary:
1. … We have existing industries that we can take great cues from … federal programs [and] business development programs that we can take cues from, says Kika Keith, co-founder of Social Equity Owners and Workers Association.
2. I think that people are gonna continue to buy cannabis more now than ever before, says Mary Carreon, freelance journalist specializing in California cannabis.
3. Kika Keith, you had to obtain a property and pay rent while meeting all of LA's Department of Cannabis Regulation (DCR) requirements, making sure that the business partners were social equity applicants.
4. Ultimately, [it's a] very hard business to run, says Elliot Lewis, founder and CEO of Catalyst Cannabis Co. Photo by Nathan Avila/Catalyst Cannabis Co
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