Weedmayhem Set To Target The California Cannabis Market; Seeks To Assimilate $8 Billon Black Market Operations Into The Legal Market

Weedmayhem Set To Target The California Cannabis Market; Seeks To Assimilate $8 Billon Black Market Operations Into The Legal Market

Weedmayhem, the Amazon-like online marketplace for legally distributed cannabis that has taken the cannabis industry by storm will be announcing its new global initiative, a non- profit organization to search, identify, and assist in the conversion of illegal cannabis trade to legal trade in California later this fall.

With a consumer spending of over $3.1 and $8.7 billion dollars spent in California in the legal and illegal cannabis markets respectively in 2019 according to this article by the Los Angeles time – https://www.latimes.com/california/story/2019-08-14/californias-biggest-legal-marijuana-market?_amp=true, California has become the biggest market for cannabis in the country.

Making the announcement, Founder and Chief Executive Officer of Weedmayhem, Michael Mizrachi, said, “Avoiding laws, regulations, compliance, and taxes is not a good excuse to remain in the illicit cannabis business trade as that will eventually backfire and create catastrophic consequences. There is plenty of business to conduct in this booming market legally! Weedmayhem at the forefront amongst other ambitious tech companies is paving the way. That’s why we will be announcing our global initiatives to search, identify, and assist in the conversion of illegal cannabis trade to legal trade. Using powerful tech solutions, Weedmayhem will be working diligently with merchants, brands, distributors and payment processors to closely monitor consumer-trade metrics, logistics and supply chains so as to ensure that our objectives are met.”

With government regulations and sanctions against illegal cannabis distribution becoming tighter and more stringent in the months to come, Weedmayhem is poised to provide a safer and legal alternative to millions of illegal cannabis operators who have dotted the landscape across the country.

Launched early this year, Weedmayhem has grown to become a one-stop shop and powerhouse for the legal cannabis e-commerce, media and marketing industry, selling both cannabis derivatives and non-THC products such as smoking devices and grow lamps etc. At their launch, CEO Michael Mizrachi, said, “The legal cannabis industry is here to stay. We’re merely working to keep this incredible worldwide advancement organized, easy to maneuver and accessible to people globally.”

Industry watchers and experts predict that there would be an uptick in sales for legal cannabis merchants like Weedmayhem as they prepare to build a bridge between divides in the industry as a result of the city’s enforcement of sanctions against illegal operators.

The Weedmayhem website runs on a proprietary geo-coded smart technology that enables the business target consumers directly by location. This is expected to further drive their expansion efforts set to spread all over the country into new markets.

About Weedmayhem
Weedmayhem.com is the first and largest user-friendly online marketplace and transactional platform for legal cannabis and cannabis-related merchandise distributed locally and across the globe. Buyers and sellers both come together on the online platform weedmayhem.com to make legally sanctioned transactions every day.

To find out more about Weedmayhem, please contact
Katerina Jakovleva
pr@weedmayhem.com
Or visit weedmayhem.com

Contact Info:
Name: Katerina Jakovleva
Email: Send Email
Organization: Weedmayhem
Phone: 1-888-WMAYHEM
Website: http://weedmayhem.com

Release ID: 88926084