Andrew DeAngelo (Courtesy photo)
The regulated U.S. cannabis industry is a hot mess.
That might be the only thing everyone in the industry agrees on.
Right now, there are two markets for cannabis in most of the country: One is the traditional underground market; the other is the state-legal, licensed market.
It’s a tale of two markets, and there’s a collision course happening between the two.
Those of us who’ve been working with the plant for decades – and made it legal – are mostly no longer part of the licensed industry.
In California, almost all the growers from the days I owned and operated Harborside – one of the state’s first legal dispensaries during the 2006-18 medical marijuana framework – are no longer in the regulated market.
It wasn’t possible for those legacy cultivators to overcome the barriers to entry in the adult-use framework.
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