Balancing Vertical Integration In Calif.'s Cannabis Industry

Law360, New York (January 12, 2018, 3:49 PM EST) -- With implementation of its new cannabis regulations in January 2018, California will become the largest legal cannabis market in the world.[1] While this new cannabis regime brings economic opportunities, it also brings challenges to both policymakers and businesses. California policymakers have developed a complex regulatory structure for the newly legalized, billion-dollar cannabis market in California, and these regulations will shape the competitive structure of this market for years to come. Cannabis industry stakeholders have voiced concerns that vertical integration may harm competition and large, vertically integrated...
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