The state of California steps into the cannabis market Monday, by request of it’s citizens. I don’t expect nay significant changes in how the current market is working: the stores exist, the supply is completely over the top, and the distribution network has existed for decades. No one in California is going to run out of pot.
If the state screws this up, they’ll be the new guy that doesn’t know what they are doing.
But I don’t expect things to go south. The new market is coming up on schedule, as far as I know within budget, and with no show-stopping court cases or scandals. Lori Ajax was named the person-in-charge by the governor to develop the regulations while the laws were changing, and she has lasted through it all. The first legal weed sold January 1 in California will be because of Lori Ajax.
Watch for her in the inevitable media show that I’m sure is coming.