Recreational Marijuana in California Expected to Impact Medical Market

California has in many ways led efforts to legalize marijuana around the country. The state was the first to allow medical marijuana with Proposition 215, i.e. the Compassionate Use Act of 1996. And while the state is a little behind others, such as Colorado, to join the recreational marijuana movement, it will set an example for the rest of the country with Los Angeles expected to skyrocket to the top of the list of the largest commercial markets in the country. Los Angeles is among cities in California who have approved recreational marijuana activity after the Adult Use of Marijuana Act (or Proposition 64) went into effect Jan. 1, though the city is still finalizing regulations and collecting applications. This is a fantastic step toward removing the long-held stigmas surrounding cannabis, paving the way toward normalization of marijuana both as a significantly beneficial medical resource, and also as a safe, non-lethal recreational device. Now that both are legal in…

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