2min chapter

Analysis cover image

Cashing in on the green rush

Analysis

CHAPTER

Legal Cannibalism - The Green Rush That Promised to Make You Rich

Around 16 hundred people registered to participate in the social equity programme only 200 of those people were given the go ahead to actually start businesses. The sum the green rush that promised to make them rich has turned into a financial trap they can't escape. I have heard about folks who invested their life savings in chasing the dreams that politicians put out there. And i've heard about people who are homeless now because in order to start a business, you need to spend a lot of money. Yet despite all these problems, the prevalence of illegal dealers, the high tax rates and the excessive regulations, california's legal cannibas industry still turned over five billion dollars in sales last year.

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