California: The Golden Opportunity?
Part of the Cannabis Intelligence Briefing series.
Rarely does a 20-year-old market with 40 million residents undergo as radical a transformation in as short a time as California’s cannabis market did when the adult-use market went live on January 1st this year. California is the single biggest cannabis market in the world. It also has the most complicated and onerous regulatory scheme with a remarkable number of local variations. Whether you're looking to start a business, grow a business, or invest in one, the data and analysis in this report will help you make the most of California's new regulatory environment.
In this report, you'll learn:
- How California’s already-established 3,000 retail storefronts and 7,500 delivery services create a substantial launchpad for growth and product access.
- How California’s administrative and tax regime stack up against other adult-use states, and how onerous regulatory environments risk pushing cannabis prices higher, inhibiting market growth, and ironically, sustaining the illicit market.
- Nuanced analysis of the market opportunity across all 58 counties, with detailed descriptions showing how widely local regulation vary; and ultimately,
- The most likely path that takes California from $3.7 billion in 2018 sales to $7.7 billion by 2021.
*FULFILLMENT TAKES UP TO 1 BUSINESS DAY