California’s Legal Cannabis Countdown: What’s Coming by Jan. 1

LOS ANGELES (AP) — California has published the rules that will govern its legal marijuana economy in 2018, giving businesses and consumers a glimpse into the future.

But there are important steps before legal recreational sales kick off on Jan. 1, and even more uncertainties about how the marketplace will function. Warning: Don’t count on being able to stroll into your local dispensary on New Year’s Day to celebrate with an infused cookie or a joint.

Why Are the Regulations Important?

They form the framework of the new cannabis economy, estimated to be worth $7 billion. Can you make animal-shaped edibles? No. Transport products in a drone? No. But retailers can be open from 6 a.m. to 10 p.m. It’s a dense stack of rules that includes fees for licensing (nearly $80,000 annually for a large grower), how cannabis will be traced from seed to sale and testing

... read more at: https://www.leafly.com/news/politics/californias-legal-cannabis-countdown-whats-coming-by-jan-1

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