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California Cannabis Trade Groups Unite as Legal Sales Expected to Hit $3.7B

Two marijuana-related business associations in northern and southern California have united to provide a stronger political voice in what they say is the world’s largest cannabis market.

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State Pot Revenues Lag Way Behind Projections

Black market, licensing holdups blamed

California took in $61 million in revenues during the first quarter from the legalized marijuana industry, far below projections, state officials reported May 11.

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