Three Berries
Active member
The Garcia Hand Picked cannabis brand leaving California because of poor business climate.
ijr.com
Andrew DeAngelo, a cannabis consultant, told SFGATE the family realized: “You can’t make any money in this market.”
He added, “Not only is Garcia leaving, a lot of people are leaving.”
DeAngelo suggested it is “a real shame that California is losing out. We’re losing out on jobs and economic activity and other places are benefiting from that.”
A spokesperson from Holistic Industries, the brand’s parent company, also issued a statement in an email to the outlet.
“We’re taking a pause in California. We want to ensure CA consumers have the highest quality flower for the long term, so we are in the process of choosing a new local partner for cultivation, production, sales and distribution of Garcia Hand Picked in CA,” the spokesperson said.
SFGATE reported pot companies are prohibited by federal law from deducting most business taxes from their federal taxes.
Grateful Dead Member's Family Taking His Business Out of California
"Not only is Garcia leaving, a lot of people are leaving."
ijr.com
Andrew DeAngelo, a cannabis consultant, told SFGATE the family realized: “You can’t make any money in this market.”
He added, “Not only is Garcia leaving, a lot of people are leaving.”
DeAngelo suggested it is “a real shame that California is losing out. We’re losing out on jobs and economic activity and other places are benefiting from that.”
A spokesperson from Holistic Industries, the brand’s parent company, also issued a statement in an email to the outlet.
“We’re taking a pause in California. We want to ensure CA consumers have the highest quality flower for the long term, so we are in the process of choosing a new local partner for cultivation, production, sales and distribution of Garcia Hand Picked in CA,” the spokesperson said.
SFGATE reported pot companies are prohibited by federal law from deducting most business taxes from their federal taxes.
