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California Senate Passes Bill to Legalize Marijuana Cafes, Allow Live Performances at Marijuana Stores
(themarijuanaherald.com)
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Can’t remember the source, but I read somewhere that legal cannabis operations in California are struggling to make profits due to businesses having unsustainable discounts to try and compete + illicit markets still remaining. So that could be genuine reason for struggle, if accurate.
I actually think I saw the same thing, now that you mention it. Iirc it was due to the taxes, since they are like 30% (might be exaggerating but it sure feel that way)