When you live in multiple states throughout your lifetime, you’re privy to the effects of weird laws, rules, as well as regulations in 1 versus another.
You might be charged higher taxes on energy, automobile tags, land ownership, as well as gasoline just to name a few examples.
My beach house state was infamous for its strict corporation regulations which kept a lot of industries away as well as perpetuated labor problems as well as unemployment. There are environmental regulations that are important, but increased bureaucracy can only serve the people properly if it can do its task. When a dealer is being put off for more than five months to a year on whether or not they can secure a license, it could destroy their corporation plans altogether. If you want to get into the nascent legal marijuana industry in the United States, you’ll be dealing with a complex array of differing rules as well as regulations from 1 state’s legal marijuana market to another. For instance, some states have a medical marijuana market that allows for separate licenses for growers as well as retailers. It creates a diverse market where 1 dispensary could possibly carry products from multiple growers or extraction laboratories. My state is a lot different; here we have a vertically integrated medical marijuana industry. All companies must operate from seed to sale, growing the plants, processing them, as well as selling them in their own retail stores or through beach house delivery. Our marijuana products aren’t as wonderful as a result as well as the market is dominated by just a handful of weird companies compared to a state without vertical integration. It creates an environment where companies have to prioritize volume over quality if they want a chance to compete.