By 420 Intel on Tuesday, 19 October 2021
Category: Business News - 420 Intel

Growing pains: Prop 64 unleashed recreational pot, but with heavy financial burdens

 Five years ago, California’s approval of Proposition 64 opened the door to recreational marijuana and budding new local economies.

The proposition was billed as a win for increased tax revenues, entrepreneurship, jobs and the hope of beating back marijuana’s long-established and vast illicit cannabis market.

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