With the legalization of both medicinal and recreational marijuana in California, voters gave marijuana businesses all over the state new opportunities for better success and increased profits. Marijuana use will no longer be stigmatized and the market and demand will increase, with projections that the industry could be worth more than $20 billion in California alone by 2020!
Cities in the state of California will only provide a limited number of licenses and permits – which allows for the commercial growing, manufacturing, distributing, selling, and purchasing of the plant.
While opportunities are plentiful to some degree, they will be limited to the businesses that act fast and follow the rules. Marijuana ordinances vary city to city, and the regulations of the state have yet to be set and will be evolving as the industry continues to grow.
If you want to be successful and profitable in the marijuana industry, you need an advocate who will not only make sure you’re in compliance with every rule and regulation in your region, but who will answer all your questions along the way.
Fickel & Davis will help you keep your business running legally, so you can focus on what you want to do: grow, manufacture, sell, distribute or transport—and of course, maximize profits. Reach out to us and find out more about how our marijuana law services can work with your business.