Will California’s Legal Marijuana Cost More Than Black-Market Weed?
California is closer than ever to finalizing legalized recreational cannabis. But growers, dispensary owners and consumers alike might discover that legal weed comes with a hefty price–literally. With the prospect of legalized recreational pot looming, experts are wondering: Will legal cannabis in California cost more than black-market weed?
CANNABIS IN CALIFORNIA
The history of lawful cannabis in the state of California is a long one. In 1996, residents voted in favor of Proposition 215, also known as the Compassionate Use Act of 1996. When Proposition 215 was passed and enacted, California became the first state in the nation to have legal medical marijuana. This one act set a precedent throughout the rest of the country.
Ever since the Compassionate Use Act passed, the Golden State’s medical marijuana program grew and evolved. Today, California is widely known for having lax and flexible requirements for a patient to qualify for a medical card. However, because cannabis remains illegal on a federal level, a black market for it exists and thrives nearly everywhere.
Cali Mist (Hybrid)
9 of 10 Docs Unprepared to Prescribe Marijuana
Although it's becoming more commonplace, medical marijuana is rarely discussed in U.S. medical schools, a new study shows.
"Physicians in training need to know the benefits and drawbacks associated with medical marijuana so they know when or if, and to whom, to prescribe the drug," she explained in a school news release.
Marijuana is now legal -- at least for medical purposes -- in more than half the states in the country, the researchers said.
Sensi Star (Indica)
Sensi Star is a great indoor plant, producing powerful, resinous, and very compact buds. Although mostly indica, she retains a complex high that affects the mind as well as the body. This headstrong indica produces rock hard colas that have a lemony scent and taste. Some smokers find the buzz to be a very strong body stone, while others report a high with more energetic, cerebral properties as well as a body sensation. THC levels have been reported at 20 percent for this variety, making it a one-hitter quitter. CBD has been measured at .9 percent.
Sri Lanka Says It Can Grow Better Weed Than the U.S.
Thanks to prohibition laws, the U.S. is a major buyer in the overseas trade in cannabis—especially hemp. Now, Sri Lanka has announced plans to begin producing high-quality medical cannabis that the country hopes to export to the U.S.
SRI LANKA PLANS TO ENTER THE GLOBAL CANNABIS MARKET
The U.S. is a key player in the global cannabis market. For example, many Chinese hemp farmers would be looking for other opportunities if it weren’t so hard to produce cannabis products here in the U.S.
This is what happens when farmers are prohibited from cultivating a crop that textile-makers, soap-makers and other legal enterprises need. And this is why the U.S. is the main destination for much of the industrial hemp grown in China.
Industrial hemp and medical or recreational marijuana are the same species of plant. They’re all classified as cannabis sativa. The distinction between the two, according to the 2014 Farm Bill approved by Congress, is THC content.
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