The cannabis industry itself has also continued to shift since legalization, Downs added, adding new challenges for vendors and local cannabis businesses.
“Cannabis industry revenues in California have plateaued at about $5 billion a year; tax revenue has also plateaued at about $1 billion a year,” he said. “Yet, margins in the cannabis industry continue to be thin as it switches from a producer economy to a consumer economy.”
Every April 20, Hippie Hill brings together local cannabis companies to run on-site dispensaries, along with food and drink vendors, plus live music and DJs on site. Past performers at the event have included Erykah Badu, Too Short, Berner and more.
Services like rest and decompression tents, medical services, bathrooms and clean-up crews have also all increased as the event has grown in size over the years.