An owner of a medical marijuana dispensary in Los Angeles prepares his monthly tax payment in June. When recreational marijuana becomes legal on Jan. 1, the industry will be flooded with cash because federal law prevents it from banking.
An owner of a medical marijuana dispensary in Los Angeles prepares his monthly tax payment in June. When recreational marijuana becomes legal on Jan. 1, the industry will be flooded with cash because federal law prevents it from banking. Jae C. Hong AP file
An owner of a medical marijuana dispensary in Los Angeles prepares his monthly tax payment in June. When recreational marijuana becomes legal on Jan. 1, the industry will be flooded with cash because federal law prevents it from banking. Jae C. Hong AP file
Foon Rhee

Foon Rhee

Associate editor, editorial writer and Viewpoints editor

California’s pot industry will be awash with cash. How dangerous is that?

November 16, 2017 04:00 PM

UPDATED November 17, 2017 12:09 PM

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About This Blog


Foon Rhee, an associate editor, joined the The Sacramento Bee’s editorial board in February 2010 after reporting and editing for newspapers in Massachusetts and North Carolina and keeping his opinions to himself. He graduated from Duke and went to graduate school during a fellowship at the University of Hawaii. Foon Rhee can be reached at frhee@sacbee.com or 916-321-1913. Twitter: @foonrhee.