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The cannabis space is rapidly changing. With the passage of Prop 64 a new, highly regulated system for cultivating, processing and selling cannabis has come into play. These regulatory changes have provided new legal avenues for cannabis entrepreneurs to operate and grow.
There’s a new normal, and the cannabis space - once made up of small, mostly unregulated cultivators - is developing into a full-scale organized industry in California. The passage of prop 64 brought a new, highly regulated licensing system into play, and cannabis entrepreneurs are emerging from the shadows into a legal, regulated marketplace.