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Opinion: Regulatory changes threaten California’s ailing cannabis industry

Nate Bradley

When California voters approved Proposition 64 in 2016, they did so based on the idea that a legal cannabis market would be a thriving cannabis market.

Our goal was to create a California cannabis industry that was poised to be a national model.

And, if the right moves were made at the federal level and marijuana were to be legalized, California cannabis would be as sought after worldwide as California wine.

However, fast-forward to today, and California’s legal market is teetering on the brink of disaster, hindered by a thriving illicit market, high taxes and burdensome regulations.

Case in point: The state Department of Cannabis Control once again is tinkering with the regulations for every license type in the supply chain.

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Another public comment period regarding proposed rule changes just concluded.

One of the most crippling of all the proposed changes would deal a major blow

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