Dire warnings about large investors entering legal market were right, just not accurate
But is there such a thing as “big marijuana,” or is it just a bogeyman to demonize an emerging industry that banks on a one-time, and still federally, illegal substance?
“Theoretically, yes, absolutely,” said Shaleen Title, a commissioner on the state Cannabis Control Commission, when asked if “big marijuana” was a thing. “It’s something to always think about as we regulate. Does it exist right now? That’s a harder question.”
Title, the only commission member with previous experience in the legal marijuana industry, said the agency and lawmakers were fully aware of the potential for large corporations to dominate the landscape and have written the statute to ensure a level playing field for both big and small players, including capping at three the number of licenses any one person or entity can hold. [Read More @ Commonwealth]