California to experience “weed drought” this summer

Marijuana StoreOut with the old, in with the new is the mantra of many California marijuana retailers this weekend. In case you missed it in a haze of smoke, California dispensaries are scrambling to dispose of their noncompliant bud — slashing prices in fire sales in what is likely to be the biggest marijuana sale the Golden State has ever seen.

“Walk into any dispensary right now, and you will see some of the most incredible sales you will ever witness,” Jamie Warm, CEO of Henry’s Original, a boutique cannabis cultivator and distributor, told Salon.

If dispensaries fail to get rid of their non-compliant flower, they must record its destruction on video.

The weed sale is happening because on July 1, the state’s new safety and regulation requirements go into effect. While legalization technically took effect on January 1, industry players were given six months to make the necessary changes to operate their businesses legally. Starting on Sunday, marijuana packaging must be child-proof, in addition to now resembling traditional food packaging. All the products must implement a process that tracks current and past locations. And, the amount of THC in any product must be clearly marked, in addition to all businesses acquiring the proper licenses to operate. …

Click here to read the full article from Salon