Evidently, its's hard to make ends meet in the legal weed business in California.
The opening sentence tells you all you need to know.
California’s legislature recently approved a $100-million plan to boost the Golden State's struggling legal marijuana industry, which is floundering under an oppressive tax and regulatory climate.
I bet that the botleggers are doing fine.
I seem to recall a story where the fed.gov took over a brothel once-upon-a-time and failed at it. Some sy it's true, some say it ain't, but it's a story of government regulation.