Legal Marijuana Industry Shrinks Rapidly in California

newsletter, agreed that the reduction in farms is a correction after too many small farmers entered the industry.

California was the first state to legalize the medicinal use of marijuana. It later joined several other states in legalizing recreational use — a move that, proponents said, would generate economic growth and tax revenue. But the industry has struggled to find its feet. Earlier this year, a marijuana company started by the family of the late Grateful Dead icon Jerry GarciaFederal laws against marijuana have also kept the legal portion of the industry from growing, as marijuana companies find it difficult to obtain banking services and other basic necessities for operating a business.on Sirius XM Patriot on Sunday evenings from 7 p.m. to 10 p.m. ET .

They can't compete with the Cartels who no longer just sell to the distributers in CA. Biden gave them control of our border. Surely no one thought they would stop there did they? They are selling direct now. They're the new local distributers. They are here. Biden let them in.

Culling the herd.

What a damn shame.

It’s all fun and games til the voices kick in

Is it taxed so much that the illegal supply is more affordable ?

California can’t even get this bullshit right. Clown show.

The left is eating itself

Yeah, cause Weed is not an industry. It's WEED, literally and should cost 5 dollars for 50 grams or even less!! If you want and industry with Hemp then sell everything beside the Weed ;)

If not for tax revenue it'd still be illegal.

All the premium flower goes to the black market.

marijuana is for peasants

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Uneasy marijuana industry seeks broader trade amid vast glutLegal marijuana growers along the West Coast are struggling with oversupply, low prices and limited outlets for selling their product
La source: WOKVNews - 🏆 247. / 63 Lire la suite »

Uneasy West Coast marijuana industry seeks broader trade amid vast glutAn analysis by cannabis investor Aaron Edelheit determined California’s legal market lost nearly one-quarter of its total growing area after the start of 2022 — “a wipeout,” he called it.
La source: mercnews - 🏆 88. / 68 Lire la suite »

Uneasy marijuana industry seeks broader trade amid vast glutAlong the West Coast, which dominated U.S. marijuana production long before states began to legalize it, producers face what many call the failed economics of legal pot. FOX13 Maybe taxing it over 30% has something to do with it 🤣
La source: fox13seattle - 🏆 328. / 59 Lire la suite »