Even the legal weed state senators were voting for this.
It is mostly about shifting profits from mom and pop, low regulation hemp industry to wealthy corporations that own dispensaries that have gargantuan regulatory costs that gatekeep out most the competition. This ensures profits are captured by the wealthy rather than small family type setups.
Wealthy former hemp companies will shift to the "legal" weed market, while the mom and pops will get completely wiped out.
It is mostly about shifting profits from mom and pop, low regulation hemp industry to wealthy corporations that own dispensaries that have gargantuan regulatory costs that gatekeep out most the competition. This ensures profits are captured by the wealthy rather than small family type setups.
Wealthy former hemp companies will shift to the "legal" weed market, while the mom and pops will get completely wiped out.