Well, we all know that now cannabis is officially legal. California has officially legalized cannabis for medical and recreational purpose for the foreseeable future. With the basic medical structure already in place, all that is needed is that the transition should be smooth. California has educated from its past mistakes since 1996, and will confidently be able to make the whole procedure as easy as possible for all the millions of cannabis consumers.
The very next question, which comes to our mind is, from where will the legalization money come from, and who are the ones who stand to make the most from California’s recreational legalization? Let’s try to understand and dig into the truth to find out whom these weed investors and innovators are and who is most likely to get the revenue from the new plan.
In the meantime, medical cannabis has been legal in California for two years. Investors from different states are already present and they are looking into indoor and outdoor cultivation. Those properties where cultivations take place are also in high demand. Because of this, some real estate places are becoming more expensive like never before. We all are aware that California is likely to make a lot of income from the cannabis industry, and there’s nothing to be surprised even if they beat Colorado’s industry sometime in the upcoming days. But how do we identify these investors, and what is the way they will follow?
The state has said they had already passed the legislation, which will allow the presently licensed medical dispensaries to become authorized to trade recreational cannabis as well. A popular news firm ‘The Mercury News’ reported that startups based on cannabis distribution and new software that provide services and private growers are already on the rise in California. Los Angeles and San Francisco are fighting for the title of “Epicenter of Cannabis,” with many people in the California region indicating that the state will quickly overtake smaller, legalized states like Colorado, Oregon, and Washington in terms of sales.
There are lots of cannabis investment companies if you are interested in getting in touch with any of them. All you need is capital! If you have it, you can start it on your own. The hotbed of marijuana software development is San Francisco right now. One of the greatest investment choices right now is Eaze – it is an app mainly used for medical cannabis delivery.