The Unintended Consequences Of Legal Cannabis In California: Docuseries Sheds Light

Weedmaps recently launched a docuseries called Uprooted, which digs into the challenges California’s cannabis industry faces four years after legalization.

The storytelling focuses on Californians dealing with unanticipated — and often unintended — consequences of Proposition 64. Throughout the course of the program, patients, entrepreneurs, veterans, workers, advocates, and consumers share tales and thoughts about the personal and financial challenges created by a law that was intended to help them thrive in a regulated environment.

Click here to watch the show.

According to Weedmaps spokesperson Juanjo Feijoo, 70% of municipalities in California “prohibit cannabis business, and the people who should be first in line for business opportunities in this industry are too often told to wait somewhere else.”

The goal of Uprooted is “to put a human face on the industry and on its history, and remind everyone that policy issues directly impact the lives and livelihoods of thousands of people.”

The series seeks to shed light on these roadblocks, which stifle access to medical cannabis, hinder fair competition, and inhibit the realization of tax revenue, the makers said. It also discusses the barriers to entry for entrepreneurs of color, often most harmed by prohibitionist policy.

One of the show's participants, Zipp Delivery social equity owner Adolph Ward, told Benzinga, “The cannabis industry has been so regulated and taxed to the hilt that the framework for Prop 64 has inadvertently been funneling the consumer base to the unregulated market since its inception.

“Many individuals and operators don’t stand a chance before they even get out of the gate. And those issues are compounded for the average social equity applicant, who in many cases doesn't have access to resources, and the resources that do exist weren’t built for.”

Courtesy image

Original publication: September 9, 2020

Market News and Data brought to you by Benzinga APIs
Posted In: CannabisGovernmentNewsEntrepreneurshipMarketsMediaGeneralcannabis industrycannabis salesICYMIsocial equityWeedmaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

The Benzinga Cannabis Capital Conference is coming to Florida

The Benzinga Cannabis Capital Conference is returning to Florida, in a new venue in Hollywood, on April 16 and 17, 2024. The two-day event at The Diplomat Beach Resort will be a chance for entrepreneurs, both large and small, to network, learn and grow. Renowned for its trendsetting abilities and influence on the future of cannabis, mark your calendars – this conference is the go-to event of the year for the cannabis world.

Get your tickets now on bzcannabis.com – Prices will increase very soon!


Loading...