Adults who are at least 21 years old can legally purchase recreational marijuana from select retail shops in California beginning Monday, a milestone that instantly makes the state the world’s largest legal marijuana marketplace.
Sales begin just after 6 a.m. local time at shops that obtained a temporary adult-use retail license from the Bureau of Cannabis Control, the state agency that oversees the industry. Many more retail outlets will open in the months to come.
California, the most populous U.S. state, began the nation’s medical marijuana trend in 1996, and holds an outsized influence in national policy as it begins recreational marijuana sales under an initiative approved by voters in 2016. The state’s new recreational marijuana industry has a projected value of as much as $7 billion ― enough to make it the world’s largest legal marijuana market ― and is predicted to eventually generate $1 billion annually in local and state tax revenue.
One of the few shops to obtain a permit to begin Jan. 1 sales of recreational marijuana was Berkeley Patients Group, in Berkeley, the oldest medical marijuana dispensary in the nation.
“We are thrilled to be one of the first recipients of a state license and are thankful for the opportunity to now serve quality cannabis to a larger community in a safe and welcoming environment,” Étienne Fontán, vice president and director of the company, told HuffPost.
Fontán, a longtime advocate of marijuana legalization, said his shop has been adding inventory for what will likely be a busy day of sales.
Read more at HuffPost...