California is aiming to open marijuana dispensaries to the public — i.e. all residents 21 and over, by January 1st and the count down has officially started!
Recreational marijuana is already for sale in five states. These states already have medical marijuana dispensaries, but soon they’ll also have stores that can sell recreational marijuana. California, with its massive economy and population is bound to change the game. According to New Frontier Data, which tracks the cannabis industry, the addition of California could grow nationwide sales to $24.1 billion by 2025– compared to $6.6 billion in 2016. Dispensaries like Green Alternative, which has 10,000 patients in San Diego, are getting ready to add non-medical customers to their clientele.
“We believe that there will be a huge rush. We go through two to four pounds [per day] on average, and we anticipate going through three to four times as much when we open the doors for recreational“ explained Zach Lazarus, COO of the Green Alternative.
“We obviously still have a lot to do, but yes, we’re going to be ready to go on Jan. 1. We will be issuing new regulations in November, so we’re hard at work on those at the present time“ said Alex Traverso, a spokesman for the Bureau of Cannabis Control in California.
“This is also a very busy time for us. Clients are calling in at increasing numbers to inquire about the new laws, and learning the ways in which we help them automate their business ” explains Chris Dell’Olio, the CEO and co-founder of WebJoint.com.
WebJoint is an all-in one cannabis software that allows any retailers or cultivators remain compliant and track their entire operation from seed to sale. “We are holding seminars at 420 College helping educate the public and for the entire month of November, we are offering free consultations, answering all the questions that we can” says Chris.
Among the check list of expected regulations is the licensing, taxation, zoning, background checks for distributors as well as safety and education training for consumers. And, that can be overwhelming. Since the drug is still illegal under federal law, it makes the everyday business functions like banking even more difficult.
To learn more about the the seed-to-sale compliance software, visit WebJoint.com.