420 with CNW — California Launches Cannabis Agency to Ease Industry Regulation
America's state legal cannabis sector has seen major growth in the past few years as more states have legalized cannabis. California, which legalized recreational marijuana five years ago, has since sold $4.4 billion worth of cannabis, making its cannabis sector one of, if not the most, successful cannabis markets in America. Now in a move that is meant to simplify how California regulates its massive and swiftly growing cannabis space, Governor Gavin Newsom has signed a law creating a single agency to regulate cannabis. The policy, which Newsom first proposed in January 2020, will consolidate licensing authority from the three…

















