Mark Collins MBA’s Post

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I help companies in Cannabis & Psychedelics reach key decision-makers and investors at scale—through the combination of Highly Capitalized Network + LinkedIn.

🌟 A NEW HOPE for California's #battered Cannabis Industry 🌟 #TODAY Governor Gavin Newsom has signed #AB1775 into law, officially legalizing Cannabis consumption lounges across the state. This is a #small step for Cannabis, but a giant #leap for California's Cannabis industry, offering regulated spaces for social #consumption while providing a much-needed boost to the legal market. We're talking real consumption lounges, with all the bells & whistles of hospitality...not just a #smoking room stuck on to a dispensary. Dispensary group, Urbana, in San Francisco & Oakland, have been at the forefront of this change, for years. At a time when the Cannabis industry is facing #economic strain and competition from the illicit market, these lounges offer new #opportunities for businesses to thrive (see article below). Read on below how Cannabis #ConsumptionLounges in America are here to stay, and—if done well, can create safe, community-focused environments that can only help shift consumers away from unregulated options, offering a #freshstart for California #Cannabis

BREAKING: California Legalizes Cannabis Lounges: A Win for the Cannabis Industry and Leaders like Urbana

BREAKING: California Legalizes Cannabis Lounges: A Win for the Cannabis Industry and Leaders like Urbana

https://highlycapitalized.com

Jesse Duncan

MBA. Commercial Cultivator. Dispensary Technology

2mo

Now if only more municipalities would allow them!!

Craig Schneider

Chief of Information Technology. Former Hyper-growth Retail and Manufacturing Executive. Technologist, Educator, Social Equity Advocate. STL Cardinals fan.

2mo

IMO Cali is the most suitable place for early lounges to thrive. It’s a tough finance model but the culture there lends itself well to the concept.

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