Oakland’s Medical Marijuana Dispensaries Move To Block An Open Market

CALIFORNIA: Oakland’s mayor and Cannabis Regulatory Commission want to remove the cap on medical marijuana dispensaries. The eight licensed medical marijuana dispensaries have hired a lobbyist to prevent that from happening

The eight licensed medical marijuana dispensaries in Oakland, California have banded together to limit the number of dispensaries in the city in a bid to consolidate their grip on the legal marijuana market.

A document obtained by BuzzFeed News shows that those eight dispensaries hired a lobbyist in July and last month announced that they would be forming the Oakland Dispensary Council to advocate on their behalf, raising questions about the extent of the cannabis industry’s growing spending power and political influence.

As legalization becomes more common, pot consumers are starting to pay more attention to the details of proposed regulatory schemes and who will profit from them. Last week, Ohioans voted overwhelmingly against a legalization initiative that would have given control of all commercial cultivation of cannabis to the same group of wealthy investors that bankrolled the campaign. Polls showed that a majority of voters in the Buckeye state support both recreational and medical marijuana, but 53% of voters felt this specific initiative was a “bad idea” because it created a “monopoly on growing marijuana.”

Read full article @ BuzzFeed