Measure M: What it Means for the future of the Marijuana Industry in Los Angeles
Measure M is sparse on details, but here’s what we know:
- it would give the mayor and the City Council permission to repeal Prop D and replace it with a new and improved set of laws covering all aspects of the industry;
- clarify where marijuana businesses can operate;
- establish rules on hours of operation; and
- determine how they may market their goods.
Measure M was written to be flexible, giving city leaders the tools to regulate LA’s newest industry–recreational marijuana.
For entrepreneurs trying to break into the marijuana business, Measure M will make things significantly easier. As of now, state regulators take previous marijuana arrests into consideration when awarding permits for dispensaries, but if Measure M passes that won’t be the case. Additionally, Measure M will increase the number of dispensaries allowed, making it easier for new cannabis shops to get the permits they need.
If you are looking to learn more about how Measure M will affect your business, feel free to email us at [email protected] or set up an appointment.