$NUGS California Governor Gavin Newsom, an active proponent for Proposition 64 which legalized the recreational use of cannabis in 2016, continues to support the California cannabis industry and recently recommended a sharp increase in spending for marijuana regulatory programs for the upcoming fiscal year.
“They say that the way California goes, the direction of the country goes,” added Yu. “We are optimistic that federal regulations will become more cannabis friendly in the near future and are excited for the positive impact it can have on our company.”
https://www.marketwatch.com/press-release/can...2019-01-30
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