Hilarious or sad, you decide:
As the Los Angeles Times reports, the industry is in serious trouble. The growth of licensed cannabis shops has been dismal and far below state projections. Just 1,086 retail and delivery firms have been permitted to date—about 82 percent lower than the 6,000 cannabis shops the government anticipated.
How is this possible? Well, shortly after California legalized pot in 2016, lawmakers began burdening the industry with so many regulations—particularly myriad compliance orders associated with the California Environmental Quality Act (CEQA)—that businesses are drowning under paperwork, fees, and delays.