Illegal Cannabis Markets Continue to Thrive in California
According to MJBizDaily, "Legal cannabis production in California increased by 11.8% to 1.4 million pounds in 2024...
"However, an enormous illicit marijuana market continues to thrive despite the efforts of regulators and law enforcement, with illegal production totaling an estimated 11.4 million pounds...
"Most of that illicit cannabis is still shipped out of state to destinations unknown, according to the report.
"And while licensed production in the state is 1.4 million pounds, overall cannabis consumption in California is 3.8 million pounds.
"... those numbers suggest that while the legal market still has potential to grow, major interventions will be needed to convince consumers to stop patronizing unlicensed operators."
This suggests only about a third of cannabis consumption comes from legal supplies.
Source: https://lnkd.in/gNRDVV8j
