🌟 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
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.
MBA. Commercial Cultivator. Dispensary Technology
2moNow if only more municipalities would allow them!!