No one downplays the scariness of the past few months or the tensions inherent in re-opening. But tilt your head and take a look:
It’s almost hard not to see the financial opportunity in our upheaved world, especially in Cali.
Market Realist
- The state’s $248M in April earnings, and California’s expressed interest in using the burgeoning market as a remedy to coming tax shortfalls.
- An optimistic view is that Cali’s weed industry will land well because cities with shortfalls who hadn’t been up for enacting cannabis ordinances might just open their minds. Too, goes the thinking, might municipalities that had only begun thinking about ending their prohibitions.
- More local approvals of cannabis business will draw more Canadian investment money.
