Will Recreational Weed Dispensaries Have a Monopoly?

 

Starting on Monday morning, recreational use of Marijuana will be legal in California. This legislation is expected to create a brand new multibillion-dollar industry. Unlike the distribution of alcohol, Proposition 64 would make retail sale of marijuana much less regulated. Proponents of the prop say that the free market should decide who "adult-use" licenses should go to. Others have said that allowing the government to distribute these licenses opens a door for corruption. 

Read more here: https://www.sfchronicle.com/bayarea/article/Recreational-pot-launch-Will-new-retail-shops-12460050.php

 

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