Jerry Garcia marijuana brand pulls out of California amid thriving black market, high taxes

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The legal cannabis brand launched by the late Grateful Dead star Jerry Garcia has ceased operations in California amid a thriving black market and difficult business climate.

Housing Works CEO Charles King discusses the recreational cannabis business and his dispensary scheduled to open December 29 on 'Kennedy.'brand launched by the family of late Grateful Dead star Jerry Garcia has stopped operations in California amid a thriving black market for marijuana and a challenging environment for legitimate businesses.confirmed to SFGATE"We're taking a pause in California.

The Garcia Hand Picked brand will remain available in Colorado, Maryland, Michigan, Massachusetts, and Oregon. But given that the late musician was born in California and rose to fame in the Bay Area, the decision to indefinitely pause operations in the state was difficult. The company behind a cannabis mega-factory in California is hoping federal legalization of the substance will allow it to expand distribution of joints, oils and edibles beyond the borders of the most populous U.S. state.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The cartels run that black market. Thanks to Joe Biden for that.

Plays in the hands of pivoting Medmen !

Jerry's dead

GavinNewsom sounds like Cali’s new tax revenue stream is “up in smoke”!

Oops!

Gavin Newsome is chasing businesses away, and he thinks he's Presidential worthy? 😅😅😅

The left bitching about high taxes is ironic.

Jerry would have been for decrim but not for legalization.

Greatest threat to individual's success is taxes.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jerry Garcia’s Weed Company Pulls Out of California Amid Industry FalloutEven the brand donning the name and iconic visage of the Grateful Dead’s weed-loving Jerry Garcia can’t seem to survive California’s rocky legal pot market. But also the government should be in charge of healthcare. 🤣 Maybe a 35% sales tax wasn't the best idea This is what you'll end up looking like, kids.
Source: thedailybeast - 🏆 307. / 63 Read more »