California’s Hemp Ban ‘Likely Won’t Be The Last’: Will It Push Consumers Back To Licensed Operators?
California’s recent decision to implement emergency rules severely limiting hemp products has sparked concerns throughout the cannabis industry.
Governor Gavin Newsom‘s action is part of a broader regulatory trend that could shape the future of cannabis markets nationwide. As the cannabis industry continues to evolve, the question remains: how will these restrictions impact both state-licensed operators and consumers?
Matt Hawkins, founder and managing partner of Entourage Effect Capital, shared his perspective on how these restrictions could affect the market during an interview ahead of his appearance at the Benzinga Cannabis Capital Conference.
Impact on the Legal Market
“California wasn’t the first state to ban intoxicating hemp-derived products, and it likely won’t be the last,” Hawkins said. These …