Categories: aggregated

Why is Everyone in Cannabis Going Out of Business?

One common theme among the all the companies listed, especially those that saw inexperienced millennials get millions of dollars to deploy, was wasteful spending and arrogance. New offices, expensive locations, fancy cars, hiring too many people to quickly, and having to “look the role, be the brand” buried many of these funding rounds within the first few months.

Jason

Share
Published by
Jason

Recent Posts

Kal Penn Knows Exactly Why People Keep Offering Him Weed

Twenty years after Harold & Kumar, the actor talks to High Times about meeting Cheech…

5 hours ago

What Happens When Cannabis Magazines are Too Scandalous for Dispensaries?

Fat Nugs Magazine’s Kids and Cannabis issue tackled a tough but necessary conversation. A partner…

1 day ago

Rescheduling Doesn’t Free Anyone. Advocates Are Calling on Trump to Add Clemency.

On April 23, 2026, the Trump administration moved medical marijuana from Schedule I to Schedule…

1 day ago

Department of Justice makes good on Trump’s rescheduling order

The Acting Attorney General is getting the ball rolling on the rescheduling of cannabis from…

1 day ago

Yes, Cannabis Beverages are Replacing Alcohol…and the Numbers are Staggering!

Based on the researchers’ findings, individuals who consumed cannabis drinks reduced alcohol intake by nearly…

1 day ago

In Germany’s Cannabis Clubs, You Smoke Alone

Legal on paper, restricted in practice. Inside Germany’s cannabis system, where cultivation is allowed but…

2 days ago