George Beall: How the 2016 Election Killed the California Marijuana Business Model

While most people are busy talking about the potential doom from a Trump presidency, there is a much more real change undergoing. For the first time in American history, we have seen the country take steps towards acceptance of marijuana (for better or worse). California made history with the passing of its marijuana legalization bill, which presents a more interesting look at the substance than most understand.

California did not just legalize recreational marijuana, but rather said that ONLY recreational marijuana was legal and…

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