California’s Cannabis Program Must Change To Regain Stability | TDR Cannabis in 5

The Dales Report | Trade to Black · Dec 2, 2025 · 7m

This episode of TDR Cannabis in Five features Shadd Dales breaking down a Marijuana Moment op-ed by Hirsh Jain of Ananda Strategy, focusing on the problems inside California’s cannabis program and what the state’s new regulator must address.The episode outlines Jain’s central argument: California, despite being the world’s largest cannabis market, has built a system that often hurts legal operators while enabling the illicit market. High taxes, heavy fees, slow licensing, weak enforcement, and widespread municipal bans have pushed many consumers back to illegal sellers.We review the key fixes…