California’s recreational marijuana market is still a relatively small one, but it’s growing and is set to swell to $4.3 billion by 2021, up from $3.4 billion in 2021, according to the California Department of Food and Agriculture.
The marijuana market will probably be much bigger than the recreational marijuana one by then, but consumers still don’t know what they’re buying.
How much is recreational marijuana?
It varies, depending on which strains you’re buying and how much you’re getting from the growers.
But recreational marijuana consumers in California can purchase up to 10 grams of dried marijuana, which is equal to 10 joints.
That’s more than the amount that can be found in a typical joint, which can be up to 100 joints.
The amount of marijuana that you can purchase in a joint in California depends on how much it’s worth.
If it’s sold in bulk and at the wholesale price, it’s $1.65 to $1,200 per gram.
That means a gram of bud can cost $30 to $100.
If you buy it in bulk at the dispensary or retail store, the price is about $1 to $3 per gram, depending upon the strain, according of the Marijuana Enforcement Division of the Department of Public Health and Environment.
The cost of recreational marijuana varies, too.
Some growers say they can sell marijuana at a lower price by buying it at the recreational wholesale price or buying it in smaller batches, such as 10 or 20 joints.
Others say they are willing to sell weed for as little as $2 to $5 per gram if it is going to get them a higher profit margin.
What about edibles?
The edible cannabis market has also expanded since recreational marijuana came into effect in January.
In California, edibles are allowed on medical marijuana and are subject to different regulations.
Recreational edibles must be labeled as containing less than 1 percent THC, which means it can’t contain more than 25 percent of THC, or less than 0.3 percent, according, to the Marijuana Policy Project.
Recreationally produced edibles can’t be packaged or sold in retail stores, and there are no laws on the books to regulate how edibles should be sold.
The federal government has yet to legalize recreational marijuana in California, so the marijuana industry remains largely unregulated.
How is the state treating recreational marijuana growers?
The recreational marijuana industry has been a good business for the state.
Recreations recreational growers have been paid a higher tax rate than other growers and are able to grow more marijuana in the state than they can in other states.
Recreators recreational growers also receive more tax revenue, according.
That revenue is used to help pay for programs and services that help people struggling with chronic illnesses and substance use disorders.
What’s next for recreational marijuana dispensaries?
The number of recreational dispensaries is set at about 6,500 by 2021.
There are about 1,000 retail marijuana stores in the U.S., according to a 2015 report by the Marijuana Business Roundtable, a lobbying group.
But that number is expected to grow in the next few years.
There’s also a growing market for online dispensaries, where consumers can purchase cannabis from their own computer or smartphone.
Consumers in California will be able to purchase recreational marijuana online starting next month.
It’s unclear when California’s retail marijuana shops will be open.
Some of the dispensaries are slated to open in the fall of 2021, and others may not be ready to open until later.