Starting at midnight on January 1, recreational marijuana became legal in California. Cannabis for medicinal purposes has been legal for more than two decades, but this legislation signals a change for the industry. Alyssa Julya Smith caught up with MedMen Dispensary's CMO BJ Carretta to discuss the economic impact as well as where some of the tax dollars will go for an industry poised to make $7 billion in the coming years. Carretta talks about destigmatizing the practice of cannabis use and how that will help grow the industry to one of the biggest in the Golden State. He also says marijuana taxes will be as high as 35%, and the state is still figuring out what will be done with the tax money made off of the sales.

Share:
More In Culture
Some Favorite Fall Food Recipes With Chef Thomas Ricci
With the weather getting cooler, more people are looking for reasons to stay inside and make their favorite comfort food. Thomas Ricci, chef and vice president of culinary operations with Intelligent Foods, joined Cheddar News to show some of his recipes for the fall.
Load More