CALIFORNIA: THE LAYOFFS ARE JUST THE BEGINNING
MJBiz concluded a three part series on the California market, arguing there will be more pain in the country’s largest cannabis industry.
- “By the end of the year, we’re going to see a lot of our members I think fall out of the industry,” said Lindsay Robinson, executive director of the California Cannabis Industry Association. “Businesses are on the verge of collapse.”
- The Guardian looks at why the Los Angeles market has devastated Black entrepreneurs.
- Dan Mitchell, one of my favorite weed beat reporters, updates his smart story on the great cannabis crash with news of the Caliva/Eaze split.
San Jose Inside
- California Insurance Commissioner Richard Lara is spearheading how state insurance regulators will deal with the cannabis market. Insurance Journal
