Leave it to California to fuck up an industry with regulation. Seems that leadership wants to have their cake and eat it too. You can either destroy the illici

Leave it to California to fuck up an industry with regulation. Seems that leadership wants to have their cake and eat it too. You can either destroy the illicit market or you can make insane amount of money off regulation, pick one. Destroying the illicit market will require making dispensaries competitive with illicit shops so taxes and other regulations will have to come way way down. California seems to have chosen the latter option of just making a ton of tax revenue off the industry rather than using the industry as a way to crush the illicit market. No one in the legislature must have taken economics or they must have a "Dan Btlzerian" outlook on business, because all they seem to want to do is milk the industry for everything it's worth. Pretty soon they are going to have neither, because the solution was crushed under the weight of everyone wanting to have their hand in the pie and take their share. California leadership is still under the delusion that they can just keep taking and taking from this industry but somehow that industry will still stay afloat and thrive.