California voters legalized recreational cannabis back in 2016, and the new year will bring long overdue recreational retail weed being sold to adults 21-and-over in the state that started the ball rolling back in 1996 by allowing medicinal marijuana.
For just one example of the projected reefer riches that full legalization will bring, in late November, Forbes reported that Green Wave Advisers predicted that California cannabis revenue will generate $5.2 billion dollars in 2018 alone—albeit with virtually no banks to deposit all that money into.
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