California draft MMJ rules offer opportunities for firms big and small as well as investors

By Bart Schaneman Proposed rules governing California’s free-wheeling medical marijuana market couldĀ entice entrepreneurs large and small to set up shop in the state andĀ encourage cannabis investors to open their checkbooks wide for local businesses. Industry officials said the draft regulations, issued last week, provide a framework for a range of entrepreneurs to enter the market as growers, retailers, testing labs and more. A tiered licensing system would set fees based on size. The regulatory blueprint also should encourage reluctant investors who have waited for regulatory clarity before pumping money into what will be the ... California draft MMJ rules offer opportunities for firms big and small as well as investors is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs