Investors Hangout Stock Message Boards Logo
  • Home
  • Mailbox
  • Boards
  • Favorites
  • Whats Hot!
  • Login - Join Now!
Rightsmile Inc. RIGH
Posted On: 07/21/2015 3:06:58 PM
Post# of 5949
Avatar
Posted By: john1234
Re: BURN.NOTICE88 #5862
here we go burn this will be good for bud genius inc

California Plans For Pot Expansion


Although current California legislation still prohibits recreational marijuana use, the state has been at the forefront of the cannabis industry since relaxing its laws to allow residents to use marijuana for medical reasons.

However, as the push for full-scale legalization picks up momentum, the state's lawmakers have struggled to determine just how the industry should be allowed to grow.

Regulation Questions

In many California cities, dispensaries have been forbidden while in others a plethora of marijuana facilities, both legal and illegal, have sprung up. To streamline the industry and give growers a place to expand, Arcata, a northwestern city, is opening a Medical Marijuana Innovation Zone.

Marijuana Zone
The zone will be wholly dedicated to the production of marijuana, something that is believed to be a first in the U.S. By giving pot growers a place apart from California's residential neighborhoods to cultivate their crops, Arcadia City Council officials hope to carve out their town's role in the growing industry.

Regulating The Industry
Arcata's decision to create a specific zone for marijuana cultivation could serve as a blueprint for other states struggling with the issue of how to regulate the cannabis industry. When the land has been specifically designated for marijuana production, it gives local officials a chance to impose rules on growers in regard to land use rather than drug policy. That means pot regulation can be carried out on a local rather than state level.

Money Maker
Not only will Arcata's marijuana zoning plan help revamp California's pot industry, it's also expected to bring in big bucks for the local economy. Arcata and its local businesses stand to profit from the pot industry in the coming years, especially if California legalizes recreational marijuana as well.

reference

http://finance.yahoo.com/news/california-plan...57253.html













(0)
(0)









  • New Post - Investors HangoutNew Post

  • Public Reply - Investors HangoutPublic Reply

  • Private Reply - Investors HangoutPrivate Reply

  • Board - Investors HangoutBoard

  • More - Investors HangoutMore

  • Keep Post - Investors HangoutKeep Post
  • Report Post - Investors HangoutReport Post
  • Home - Investors HangoutHome
  • Mailbox - Investors HangoutMailbox
  • Boards - Investors HangoutBoards
  • Favorites - Investors HangoutFavorites
  • Whats Hot! - Investors HangoutWhats Hot!
  • Settings - Investors HangoutSettings
  • Login - Investors HangoutLogin
  • Live Site - Investors HangoutLive Site