San Diego Approves Recreational Pot
Last month San Diego became the first major city in California to approve regulations allowing recreational marijuana sales beginning January 1, 2018. That means (regulatorily speaking) San Diego is ahead of San Francisco, Los Angeles, Sacramento, Oakland and San Jose!
What's interesting to note is San Diego is allowing medical dispensaries to sell recreational cannabis. Some cities and states in the US have opted to keep "med" and "rec" separate. For example, Oregon recently made medical and recreational sales completely separate, forcing dispensaries to choose which market they want to serve.
San Diego now has 9 months to either ban or approve cultivation and manufacturing. Currently-operating cultivation and testing facilities will be allowed to remain open until the city council decides how to regulate them. Yearly tax revenue from recreational cannabis is estimated to be around $30 million and could be significantly higher if the council decides to allow cultivation and manufacturing.
With 62% of San Diegans voting in favor of Prop 64, Councilwoman Barbara Bry says the council has an opportunity to "implement the will of the voters" -- which includes a duty to "wisely and responsibly regulate every product of the supply chain in order to ensure that our consumers have a safe and vetted product."