Legal Marijuana Industry Shrinks Rapidly in California

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Bad news for the pot industry on 4/20.

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 .

 

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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

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