More states will go green if California brings in as much marijuana-related taxes as expected, according to one industry expert. “You can see...the domino effect begin to happen,” said BJ Carretta, chief marketing officer at weed dispensary MedMen. “It can go to schools, it can go to roads, it can go to bridges, which is only better for the community.” California has the largest population in the U.S., and it’s the sixth largest economy in the world. Analysts expect the state to rake in about $1 billion dollars in tax revenue now that recreational weed is legal in the state. But the roll-out hasn’t happened without a hitch. The Central Valley and Fresno areas are largely banning pot businesses, according to California’s Bureau of Cannabis Control, which issued more than 400 licenses leading up to the launch. And Los Angeles and San Francisco haven’t ironed out licensing issues with the state, but the agency expects to start issuing licenses in both cities next week. For full interview [click here](https://cheddar.com/videos/medmen-ceo-talks-marijuana-legalization-in-california).

Share:
More In Culture
On The Scene: Restaurant Week in New York City
Over 500 restaurants are taking part in New York Restaurant Week, which concludes on Aug. 20. Cheddar News checks in from Dagon Restaurant in the city's Upper West Side to discuss some of its delicious Mediterranean-inspired dishes with Chef Ari Bokovza.
Load More