At least one if not two ballot measures to legalize recreational marijuana use are almost assured to be on the November 2016 ballot for California voters. But while many folks see the legal sale and taxation of pot as a way to pump big money into the state’s coffers, the experiences of legal-weed states like Washington and Colorado show the road from green bud to greenbacks has more than its share of potholes.
In the past few months, Sacramento County’s burgeoning medical marijuana industry has been slashed by two-thirds. Federal and local officials are slapping landlords with fines and criminal charges if they lease or rent to such establishments. In August, Sacramento County was home to 99 medical marijuana dispensaries. By November, more than 63 had closed.