
California cannabis market
The California cannabis market refers to the legal cannabis industry in California, which has become one of the largest in the world since the state legalized medical marijuana in 1996 and recreational use in 2016. This market includes the cultivation, distribution, and sale of cannabis products, such as flowers, edibles, and oils. Regulatory frameworks ensure quality and safety, while taxation generates significant revenue for the state. Despite a thriving market, challenges include high taxes, competition from illicit sales, and evolving regulations, impacting businesses and consumers alike. Overall, California serves as a model for cannabis legalization efforts nationwide.