Apparently there's too much competition from fentanyl.
Posted on 12/17/2021 1:28:37 PM PST by BenLurkin
The industry leaders asked for an immediate lifting of the cultivation tax placed on growers, a three-year holiday from the excise tax and an expansion of retail shops throughout much of the state. It’s estimated that about two-thirds of California cities remain without dispensaries, since it’s up to local governments to authorize sales and production.
Companies, executives and groups signing the letter included the California Cannabis Industry Association, the California arm of the National Organization for the Reform of Marijuana Laws, the Los Angeles-based United Cannabis Business Association, Flow Kana Inc., Harborside Inc., and CannaCraft.
In a conference call with reporters, Darren Story of Strong Agronomy said tough market conditions forced him to cut loose more than half his staff. He said taxes that will increase next year make it an easy choice for shoppers. With prices in the underground half of what they see on legal shelves, he said “most consumers are going to take off.”
The companies asked Newsom to include their proposals in his upcoming budget proposal, which will be released early next year.
(Excerpt) Read more at ktla.com ...
Lol. Leave it to the Govt to lose $ selling drugs.
Apparently there's too much competition from fentanyl.
Didn’t take them long to screw that up 🤪
Let them all go out of business, get looted, and close. This is a bad Experiment that is bad for society.
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Yeah, like any politician is going reduce a sin tax.
I’m shocked!!! Who in the world would ever have seen this coming. ( sarc). Now they are asking the government that created them to save them. What a mess.
Then just purchase inventory from the underground merchants at half price and makes killing selling at retail.
Aurora, here in Alberta, closed because legal marijuana wasn’t as popular as it was hoped. I had a co-worker that got a job with them and he was getting tins of hours until they closed the growing operation.
Most people who have an ounce of pot sense, will grow their own. You can control potency and best—know what it was grown in and how.
When you are the farmer, you know whether the person handling the crop has washed their hands. And everything else. And you don’t have to pay the government.
Only the government can lose money selling pot.
“Two thirds of cities remain without dispensaries”
My, don’t they think highly of themselves.
They make it sound as if it’s an essential service, like a utility or gas station, dude.
Friends of mine are a married couple and the wife is a fabulous backyard gardener—they have a lush garden full of flowers and veggies and herbs here in CA. She doesn’t smoke weed, but her husband does and so included in her plants are a couple of small discreet marijuana plants.
Seems a solution—but it takes some gardening skills which perhaps many urban and suburban pot smokers may not have these days. . .
Pot “dispensaries” (sounds so clinical and righteous, doesn’t it?) delenda est.
LOL - way to go, California. Taxing your biggest cash crop right out of business.
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Hey, in NC they lose $$ on their liquor monopoly.
The government couldn’t keep a whorehouse in business.
Law of unintended consequences: Dorritos and Lay Potato Chips say sudden drop in sales is unexplained. All munchies’ stocks go under water.
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