Jay-Z's cannabis company hires first Black CEO to lead a major public cannabis organization in USA

[itsyoung!!]

It seems like there has been a lot of changes in the industry over the last 2 years.

Yes and no

Lot of companies folded, mainly the cheap ones ($15 8ths )

The ones who survived are doing decent because less competition

Until california gets rid of 35% tax on cannabis the industry will never fully thrive

 

[Taco]

Other companies thriving with same business model

If you search my post history, i had a legal delivery company during covid, before and during this announcement. I was selling eights for $50-80, quarters $120, ounces $350-400

Ive long gave that up, taxes and time commitments were crazy for me as a small business owner

But other companies still selling shyt for the high, Jeeter as an example

Yeah, people have a misconception that it’s the connoisseurs who prop up the industry when it’s really the casual smokers. True connoisseurs are buying in the black market from a dealer getting it back doored from the source or from the source itself. One of my Asian homies is legally growing in CA and brings me to events to network. Truly a blessing, but also craazy to think how people are getting fukked at dispensaries. For example a g of rosin is like $60+ for anything decent, but is $10-$15 at cost (bulk obviously). Wild.

 

[It's_Nade]

Happy Ether Day