26
Jan
10

So much for the green rush

Speaking of L.A., over 900 dispensaries that opened while the L.A. City Council waited to see if doing nothing would be better than Oakland/S.F.’s plan of careful management and regulation may be forced to close.  I wonder if the growers up here will feel the effect.  It’s been interesting to see how the growing cycle affects people’s moods and attitudes – the crop’s in, everyone’s happy; on the other hand, EVERYONE’S crop’s in, so demand has been lower than supply.  Losing  90% of the legal outlets in one of the biggest markets in the state may have a ripple-effect all the way up the coast.

Here’s the story from the L.A. Times:

Medical Marijuana: LA City Council Approves Pot Ordinance, Shuttering Hundreds Of Shops

Money quote:  “No one is exactly sure how many pot clinics there are in Los Angeles – the best estimate is somewhere between 800 and 1,000 – and getting the owners to comply with the ordinance will likely be met with resistance.”

And they intend to cap it at 70!

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