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Dec 6 - Breaking News: LA legalizes recreational marijuana


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 10 months ago '05        #1
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phantomnation 2796 heat pts2796
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Dec 6 - Breaking News: LA legalizes recreational marijuana
 

 

(LOS ANGELES) ó Los Angeles will become the nationís largest city with recreational pot after the City Council voted Wednesday to license sales next year.

After months of debate and political snags, the council approved rules to usher in commercial sales and cultivation set to begin in less than a month under an initiative approved by state voters.

Under the Los Angeles regulations, residential neighborhoods would be largely off-limits to pot businesses, and buffer zones would be set up around schools, libraries and parks.

However, with the new year just weeks away ó and the holidays coming ó industry experts say itís not clear how many businesses, if any, will be ready to open their doors on Jan. 1 to hordes of anxious customers.


If demand is not satisfied in the legal market then ďyou are just giving oxygen to the black market we all want to eradicate,Ē said Adam Spiker, executive director of the Southern California Coalition, a cannabis industry group.

Medical marijuana has been legal in the state for two decades.

The dense set of regulations passed Wednesday dictate where pot can be grown and sold in the new marketplace, along with how businesses will be licensed.

Businesses that want to participate in the marketplace need local permits before they can apply for state licenses required to operate in 2018.

ďAs lawmakers we have a responsibility to reasonably regulate this industry in a manner that is safe, inclusive, and practical,Ē Los Angeles City Council President Herb J. Wesson Jr. said Wednesday.


The state and hundreds of cities are faced with the challenging task of trying to govern the vast, emerging industry with a projected value of $7 billion. Some places have banned all commercial pot activity, while other are embracing it.

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California is among 29 states where pot is legal, either for medical or recreational use.


Los Angeles, home to 4 million people, has long been an unruly frontier in the pot industry, where hundreds of illegal dispensaries and cultivators proliferated.

Earlier this year, city voters endorsed another attempt to regulate the local pot businesses, leading to the new rules.

The legal marketplace is seen as a way to impose order, hopefully squeezing out illegal operators while raising a cascade of new taxes for City Hall.

In the background is widespread uncertainty about whether the Trump administration will attempt to intervene in states where marijuana is legal.

Because marijuana is illegal in the eyes of the federal government, many major banks are leery to do business with dispensaries and growers, so much of the business is conducted in cash.

52 comments for "Dec 6 - Breaking News: LA legalizes recreational marijuana"

 10 months ago '05        #2
Quddus 13 heat pts13
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about time

 10 months ago '07        #3
timdog 1039 heat pts1039
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sportsbook top 10
@


 10 months ago '05        #4
ogballer32 465 heat pts465
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well if people need a light in LA then they can just go outside since the city is on fire

 10 months ago '16        #5
theplayer 
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$2,998 | Props total: 8515 8515
Business is booming next year.
Smart people got on that wave early gonna make a k!lling

 10 months ago '06        #6
J_Teflon 1 heat pts
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 10 months ago '14        #7
Aries 90 heat pts90
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 HughyBaby said
Didn't they legalize weed in California already? Why is this being announced??
Yeah they already voted to make it legal but I think it's just now becoming official.

 10 months ago '10        #8
Bandito 109 heat pts109
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 HughyBaby said
Didn't they legalize weed in California already? Why is this being announced??
Just like here in Oregon, cities have the option to keep it illegal. L.A. just
made the descion to allow it.

But, you would know that if you read the article and not just the thread title.

 10 months ago '11        #9
Sin 1677 heat pts1677
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Wait California’s largest city didn’t have legal weed?

i thought it was legal in the entire state

 10 months ago '14        #10
Dawknight316 3 heat pts
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Lets go NY....

 10 months ago '16        #11
Jumpchambers 1 heat pts
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Dc next ��

 10 months ago '17        #12
lucifershammer 9 heat pts
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yall need to be thinking how trump and his legion of doom is gonna try to stop this

 10 months ago '12        #13
CaLis LEGACY 82 heat pts82
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Anyone have any insights in to how to get into this business

 10 months ago '08        #14
d3athb4dishonor 5 heat pts
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 10 months ago '13        #15
Murker99 89 heat pts89
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 10 months ago '16        #16
BlackAdonis 123 heat pts123
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Ok

 10 months ago '09        #18
Vincent_Chase 27 heat pts27
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Man I love Cali, no other state can compare

 10 months ago '07        #19
Sincere730 12 heat pts12
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cmon CT hop on the wave

 10 months ago '04        #20
gshag33 38 heat pts38
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 HughyBaby said
Didn't they legalize weed in California already? Why is this being announced??
It's just a bullsh*t click-bait headline from some bullsh*t website.

- Medical Marijuana has been legal in the state of CA for YEARS

- Recreational Marijuana has NOT

- Los Angeles County voted to make Recreational Marijuana legal last year, and it goes into effect in 2018

- The law was controversial because it is going to fu*k over all of the mom and pop growers and collectives that sell their products to the dispensaries

- Marijuana might as well be legal in Los Angeles. You walk into a fake doctor's office, tell them anything you want, pay them $20-$40, and you have a medical marijuana "prescription" for a year. Then you walk into any dispensary (there's about 2 on every corner) and buy whatever you want. We have a GREAT thing going. There's really no need to fu*k with it.

- Now that recreational marijuana is legal, you will start seeing the "Walmarts" or "7-11s" of weed open up

- The mom and pop operations won't be able to afford the licensing the state will require to remain in business

ALL THAT BEING SAID: Obviously it should be legal across the board and the state is going to collect insane amounts of tax revenue (which we DESPERATELY need), so even though this isn't the perfect way to do it, it needs to be done, and the mom and pop operations will adapt.

Recreational Marijuana is NOT legal in other counties, even counties that are minutes away from Los Angeles, like Orange, San Bernardino, etc.

 10 months ago '09        #21
messy marv stan 4881 heat pts4881
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$65,845 | Props total: 99355 99355
im for med/rec and against legalization. all legalization does is eventually lead to gigantic corporate marijuana regimes. when weed was strictly med/rec there wasnt any of this corporate sh*t. now that weed is slowly being legal the roots of the corporate takeover are slowly being implemented. this is eventually gonna result in the bug pharma pimping of weed on a big time scale smh

 10 months ago '05        #22
Fresh|B 1010 heat pts1010
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$44,588 | Props total: 32276 32276
....Some of This sh*t Going Bite Some of The Smaller Shops In The a.ss.

I Dont Think n*ggas Care Cause n*ggas Going Keep Smoking Like Nothing Change.

 10 months ago '07        #23
Damagegadget 493 heat pts493
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tell ya people to move to LA colorado is the same cost, and its cold here..

 10 months ago '07        #24
Damagegadget 493 heat pts493
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 Fresh said
....Some of This sh*t Going Bite Some of The Smaller Shops In The a.ss.

I Dont Think n*ggas Care Cause n*ggas Going Keep Smoking Like Nothing Change.
retail is usually higher priced in my area. more people still go to dispensary, most retailers are out of towners..if thats what you are referring to ...thats what I noticed in CO

 10 months ago '17        #25
Fras 17 heat pts17
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I’m so proud.

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