The People's Republic of California is spending $100M dollars it doesn't have to prop-up the legal marijuana growing businesses within its borders; a business beset by the quest - as Mayor of LA Eric Garcetti says - to become "well-regulated, equitable, and sustainable".
Legal growers of the Devil's Lettuce can't compete with the illegal supply so prevalent in the state because they are besieged with the typical, business-hostile regulatory state that requires an expensive, exhaustive, and time-consuming review of the negative environmental effects involved in their agri-business and a plan for reducing those harms in order to renew their annual licenses.
What did Reagan say about regulations and taxes?
“Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.”
Bingo! That's exactly what California has done: They've taken an easy business model with a hungry and well-defined consumer base, forced licenses and taxes upon it, regulated them to within an inch of their existence over environmental concerns (this in a state that lets free-range hobos defecate on sidewalks) and then sat back and wondered why they're all failing to turn a profit...
This... THIS... is the epitome of Liberalism: subsidized pot growers in Jeff Spicoli land.