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86% of Californians Support Legal Cannabis Markets

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A recent survey conducted by the California Department of Cannabis Control (DCC) and FM3 Research reveals that a significant majority of Californians, 86%, believe it’s important to purchase cannabis from legal markets. The survey also indicates growing support for Proposition 64 and highlights the need for consumer education on legal cannabis procurement.

California, a pioneer in legalizing medical cannabis in 1996 and later adult-use cannabis in 2016, has developed into the world’s largest cannabis market. The DCC’s Real California Cannabis Campaign, aimed at guiding consumers to licensed dispensaries, commissioned FM3 Research to survey over 1,000 California adults to gauge their attitudes towards the state’s cannabis market. Key findings include:

  • 62% view Proposition 64 positively, suggesting increased support for cannabis reform.
  • 86% of respondents stress the importance of buying cannabis from legal sources.
  • 72% feel consumers should ensure they’re purchasing from licensed retailers.
  • Despite the legal market’s size, illegal sales remain prevalent, with two-thirds of cannabis sales in 2022 coming from the illicit market.
  • The California Unified Cannabis Enforcement Taskforce (UCETF) reported significant seizures in 2023, including over $312 million in illegal cannabis and 119 firearms, showcasing efforts to combat illegal operations.
  • The survey uncovered education gaps, with 85% of respondents in areas where retail cannabis is banned either misinformed or unaware of local cannabis laws.
  • Opinions on identifying licensed retailers were divided, with 44% finding it easy and 42% finding it challenging.

Why It Matters: This survey underscores the growing acceptance of legal cannabis markets among Californians and the critical role of consumer education in supporting legal operations. It highlights the ongoing battle against illicit sales and the importance of regulatory efforts to ensure a safe, legal cannabis market.

Potential Implications: The findings could influence future cannabis policies in California, emphasizing the need for public education campaigns and stricter enforcement against illegal operations. It also suggests a potential shift in consumer behavior towards supporting legal cannabis sources, which could further legitimize and stabilize the legal market.

Source: High Times



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Four years after completion, a RiNo office building is still empty

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The best real estate decision that Ed Haselden said he ever made didn’t bring him riches.

He and his partners made no profit when, in late 2021, they sold the Rev360 office building they’d developed in RiNo. But it could have been worse.

“It would have cost us all a lot of money if we hadn’t bit the bullet,” he said last week.

Read the rest of this story on TheKnow.DenverPost.com.



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Aurora

Philip Morris International picks Aurora for ZYN nicotine pouch plant

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Philip Morris International has selected Aurora for a new manufacturing plant to make its popular ZYN nicotine pouches, a product marketed to people wanting to stop smoking or chewing tobacco.

PMI plans to invest $600 million in a new facility on empty land at 48th Avenue and Harvest Road. When it is up and running, the plant will employ 500 workers making an average annual wage of $90,000, according to the company.

“These 500 jobs are good jobs,” said Stacey Kennedy, CEO of PMI’s U.S. operations based in Stamford, Conn., at a news conference held Tuesday morning at the Colorado Freedom Memorial in Aurora.

Read the rest of this story on TheKnow.DenverPost.com.



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Castle Pines sued by landowner for stopping city’s first McDonald’s

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“No clown in our town!” residents chanted as they hoisted homemade protest signs that read, “No McDonald’s double drive-thru fast food dispensary on Castle Pines Parkway.”

It was May 28 in the bedroom community of Castle Pines, where the City Council was weighing whether to allow construction of the town’s first McDonald’s. About 100 people attended and two dozen testified. Most in the crowd and on the council were opposed.

“Garbage fast food that attracts low-income, high-yield traffic from a very busy highway isn’t what I want,” a woman testified. Another warned, “Your average McDonald’s transient customer — which means half are below average — isn’t the element we should be promoting.”

Read the rest of this story on TheKnow.DenverPost.com.



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