Hello Steemians,
I'm not sure if you all know that as of January 1st, Californian's 21+ are able to go into a licensed dispensary and purchase recreational marijuana with nothing but a CA ID.
This legislative easing has been a catalyst for most of the activity in the cannabis industry, from both seasoned players and wide-eyed newcomers.
Things will be very interesting in the coming months while industry stakeholders adjust to new regulatory structuring.
Anyone interested in entering this industry that has no experience (smoking doobies with your bros doesn't count), I urge you to please do your research and due diligence.
I foresee a period of chaos and panic, and I'll tell you why.
You read about folks getting into debt to buy BTC, usually at an ATH, then freaking out & selling during corrections.
There will be a similar scenario, caused by impulsiveness and panic, especially among newcomers that have 0 industry experience.
Again folks, do your research before any investment/business decisions, especially in trending markets.