Most small players in California will be bankrupted or acquired. California bureaucracy and insane regulatory red tape paired with a virtual lack of enforcement toward rampant illicit growers has meant only very deep pocketed highly efficient operators can survive. It’s useless to expect Federal regulatory changes anytime soon (Schumer just proved that) so it’s looking more and more likely that it could be a legal challenge that forces real change but who knows when that will be.
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