California Open Carry Ruling January 04: Retail and Legal Risks Rise
California open carry moved to the center of U.S. legal news after a 9th Circuit ruling on January 3, 2026. The panel struck down the state’s ban in most counties under the Second Amendment Bruen test. For investors, the decision raises near-term demand signals and longer-term liability and compliance costs. We break down what could change for retailers, insurers, and security providers, what stays the same under California gun laws, and the litigation timeline that could reset risk pricing across the state.
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