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Cannabis Business Times

60% of Cannabis Consumed in California Comes From Unregulated Market as Licensed Production Grows

Cannabis Business Times

Tue, Mar 4

California's cannabis market is growing and legalization is working as production and consumption continue to grow, despite the illicit market controlling 60%, according to a new report issued by the @CAcannabisdept to state lawmakers. https://t.co/3nbapiLrB0

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The state issued a market outlook report that projects stabilizing prices, an industry value uptick, and growth in the licensed market in 2025.

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