skip to Main Content
California Marijuana Dispensaries Cut Prices Ahead Of New Testing Protocol

For the next four days in California, every weed must go.

Since the state fully legalized cannabis on Jan. 1, the industry had a six-month transition period to adopt new testing, packaging and ingredient standards. Businesses can continue to sell products that don’t meet the new requirements until June 30, but will be forced to destroy any leftovers come July 1.

The deadline has many in the cannabis industry scrambling to sell tens of thousands of dollars worth of old, non-compliant stock by the end of June, touting discounts and parties to lure customers. And some patrons can’t resist a deal.

“It’s just like Toys ‘R’ Us going out of business,” said Scott Lambert, CEO of The OG Collective in Cathedral City. “People are buying stuff they don’t really need.”

But some in the cannabis industry say the bigger challenge will come after July 1, when retailers will have to stock their shelves with products that meet state standards. They say there are too few suppliers in compliance – and they worry shortages will allow the black market to thrive instead.

In the short term, many dispensary operators are just looking to cut their losses. [Read more at The Desert Sun]

This Post Has 0 Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent Stories

Europe’s First Adult-Use Cannabis Market Confirmed With Luxembourg Permitting Household Cultivation And Consumption

LUXEMBOURG is to become the first European country to permit adult-use cannabis after the Government announced measures to permit households to cultivate up to four domestic plants. The announcement, earlier today, applies to to all citizens over the age of 18 with the new regulations also allowing for the sale and import of seeds. However,…

Scientists Develop Quick Test for Marijuana Use

FRIDAY, Oct. 22, 2021 (HealthDay News) — Researchers may be one step closer to developing the equivalent of a Breathalyzer for detecting marijuana use. In an early study, scientists found that their rapid test was able to reliably detect THC in people’s saliva in under 5 minutes. THC, short for tetrahydrocannabinol, is the active ingredient…

Adult Use Cannabis and The Workplace

New York Labor Law 201-D This document is intended to address some of the most common situations or questions in the workplace related to adult-use cannabis and the Marijuana Regulation and Taxation Act (“MRTA”). This document does not address the medical use of cannabis. For further assistance with New York Labor Law and the MRTA, please…

NY Cannabis Board Issues New Rules Allowing People To Grow Medical Marijuana At Home

New York’s Cannabis Control Board issued regulations Thursday to allow medical marijuana users and their caregivers to grow their own supply at home. The proposal, now open to public comment for 60 days, would permit the cultivation of up to six marijuana plants in a private residence. The regulation will take effect after the commentary…

More Categories

Back To Top
×Close search
Search