Huge Discount Sale for Marijuana in California

Huge Discount Sale for Marijuana in California

Huge Blowout Sale for Marijuana in California

Regulations being phased in 6 months after the state broadly legalized marijuana require that the drug sold after Saturday meet strict quality standards, so retailers unloading untested inventory are offering blowout prices.

Deep discounts on everything from edibles to joints reflect the last days of the heady first phase of legal recreational marijuana. They could be followed by empty shelves as many stores scramble to restock with properly tested and packaged products.

“You can smell it. There’s a certain desperation from stores that bought too much and they have to dump it,” said John Atari, CEO of Source Cannabis Farms, a licensed cultivator in Los Angeles. “There’s going to be a big shortage of clean product come July 1.”

Testing will also examine concentrations and potency of the ingredient that gives users a high.

The change in rules was part of the state’s decision to allow the industry in its legal infancy to get a running start at the beginning of the year.

Shops were given 6 months to burn through supplies of marijuana grown and cookies and other products made without strict testing requirements.

Some shops prepared for the new regulations by gradually replacing pot they sold with products that pass the tests.

Any marijuana harvested this year or for sale July 1 must meet quality and safety standards or be destroyed.

Stay tuned…

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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