Comparing recreational marijuana: Nevada vs. California 8 Feb, 2018
Comparing recreational marijuana: Nevada vs. California
Nevada’s neighbor to the west became the sixth U.S. state to kick off recreational marijuana sales on Jan. 1, just six months after the Silver State started sales last July.
Almost 100 dispensaries across San Diego, San Jose, Oakland and Berkeley are among California stores licensed to sell recreational marijuana. A study from the University of California, Davis, estimates the state’s industry, once fully operating, could be worth as much as $5 billion annually by 2020.
But higher total cannabis taxes, lesser legal availability per capita and lower testing standards could keep the black market healthy and prevent California’s industry from expanding, according to a Berkeley-based pot expert.