Source: How Did Maine Get Legal Weed Right, While California and Others Struggled?
Legal sales of recreational marijuana soared 94% in 2022 over 2021. And the illicit market has dropped 64%.
Hudak shared his thoughts on where they are going “Cannabis regulations should be designed to provide safe, reliable, and consistent cannabis for patients and consumers. However, those regulations need to be as efficient as possible to meet public expectations about the supply chain, public health, and public safety. At the same time, regulations and taxes on cannabis cannot be so overburdensome that the legal, regulated market cannot compete–and outcompete–the unsafe, unregulated illicit market. Tension will exist between regulators and the regulated, but honest, well-intentioned, and good faith conversations among regulators, industry, and other interested stakeholders must work together to find (what can sometimes be a difficult) balance.”
