Cannabis Collapse California? 🚨 Most Licensed Pot Growers Failed in First 5 Years | Industry Crisis! скачать в хорошем качестве

Cannabis Collapse California? 🚨 Most Licensed Pot Growers Failed in First 5 Years | Industry Crisis!

Cannabis goes BUST in California- Arresting news for legal weed businesses. California's POT Growers in CRISIS Mode, as Department of Cannabis Control reports a jaw-dropping 56% failure rate among licensed operators over the past five years. With only 8,514 active legal cannabis licenses and over 10,800 inactive, this so-called “green rush” is turning into green slime. From plummeting prices to increased regulations, many growers are finding it difficult to turn a profit. In this video, we explore the crisis facing California's weed growers and what it means for the future of the industry. With the black market still thriving and legal dispensaries struggling to compete, the fate of California's legal pot industry hangs in the balance. Will the state's pot growers be able to adapt and overcome, or will they be forced to shut their doors for good? Major players like People’s Farming hold over 200 cultivation licenses, while hundreds of others vertically integrate by managing their own distribution channels—controlling what gets tested and where it flows. Meanwhile, the DCC is facing a $23 million budget shortfall, prompting proposals to hike already unsustainable licensing fees. And it gets worse. The industry owes a staggering $243 million in unpaid excise taxes and penalties, due in part to Prop 64’s crippling 50% late payment penalties. Now, the state is considering a 25% increase in retail cannabis tax, passing the pain onto consumers and threatening to bury what's left of the regulated cannabis supply chain. Are we watching the collapse of California’s cannabis industry in real time? Be sure to like, comment, and subscribe, and let us know what YOU want us to report on! ➡️ See more of the WeekInWeed at https://link.thedd.buzz/WeekInWeed ⚡️DNN.buzz 📰 the Dope-Dealer News Network #Californiacannabisbusiness #cannabinoids #greenrush #cannabisindustryfailure #Cannabis #cannabislicensestats #MedicalCannabis #legalweedmarketcollapse #cannabiseducation #cannabistaxcrisis #cannalife #DepartmentofCannabisControl #CAcannabis #Prop64penalties #CannMed #cannabisgrowers #Cannabisismedicine #cannabisregulation #cannabiscommunity#marijuanabusinessnews #cannabisconnoisseur #cannabistaxes #cannabisproducts #cannabissupplychain #legalweed #regulation #cannabisnews #regulatedmarket #cannabistalk101 #certified #cannabisdaily #THC #Weed #marijuana #potency #ocm #dopedeal #officeofcannabismanagement ww05