California Cannabis Businesses Fear State's Legal Industry Could Collapse

California Cannabis Businesses Fear State's Legal Industry Could Collapse

Cannabis companies across California say they are struggling to survive due to high taxes and illegal competition. NBC News’ Gadi Schwartz explains what’s killing their buzz.» Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC
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#California #Weed #Business

California Cannabis Businesses Fear State’s Legal Industry Could Collapse

50 Comments

  1. fight dhr on May 15, 2022 at 6:27 pm

    🤣🤣🤣.Poor folks that need the meds can’t afford it and they want me to feel sorry for any of them.How much have you made since the beginning?Cry me a river..🤧



  2. Welco on May 15, 2022 at 6:28 pm

    will take on a few Chinese slaves once the economic collapse of pot



  3. Doss Malone on May 15, 2022 at 6:29 pm

    U aint gots to lie craig u aint gots to lie



  4. Confidential confidant on May 15, 2022 at 6:29 pm

    In order to “funt?” 1:39



  5. Hal T on May 15, 2022 at 6:31 pm

    Capitalism!



  6. Barry McGuire on May 15, 2022 at 6:35 pm

    People don’t wanna support corrupt politicians so they buy underground YAY!



  7. Debby Ryan 👉scamdumps on telegram👈 on May 15, 2022 at 6:35 pm

    (⬆️⬆️name above)the kush get given me vibes and cloud night is get from ⬆️⬆️ thanks..



  8. Justin’s World on May 15, 2022 at 6:35 pm

    ONE LOVE ✌️☮️💚🇬🇧💨



  9. gokuhawks14 on May 15, 2022 at 6:36 pm

    This is an example of how California Over regulates businesses in general. I agree that there should be some standard but it shouldn’t be at the cost where businesses can’t sell the Product and make money. The state of California is good at destroying small businesses.



  10. BAGLIFE MEDIA on May 15, 2022 at 6:36 pm

    Dude is a hater 🤣



  11. Morta on May 15, 2022 at 6:39 pm

    Well don’t tax it so high



  12. Charlotte Woods on May 15, 2022 at 6:39 pm

    Hello, I’m new to crypto and forex trading and I’ve been making huge loses trading on my own but recently i see alot of people earning from it. can someone please give me a new strategy or at least tell me what I’m doing wrong?



  13. Greg Vasquez on May 15, 2022 at 6:39 pm

    In Colorado, its common to have growing grounds raided by men with guns. Growers are hesitant to grow pot.



  14. quinton wenk on May 15, 2022 at 6:42 pm

    Michigan is bad at 16 percent taxes but 50 percent taxes is outrageous. There’s some shops that are diamonds in the rough but the market got messed up by corporate buyouts. So it’s dirty behind the scenes and about the state capitalizing as much as as possible, but California, like always. Is doing way too much



  15. Bruce MacDonald on May 15, 2022 at 6:43 pm

    Brillant !!! Weed N Blues !!! Evil Hydro Fives NONONO



  16. Sha Na Na on May 15, 2022 at 6:44 pm

    Its crazy cannabis is only allowed if its taxed and regulated , its a weed . Its like taxing grass or daisies



  17. Chris Chandler on May 15, 2022 at 6:44 pm

    Good. Black and grey markets are better



  18. Maeceon Douglas on May 15, 2022 at 6:51 pm

    It should we dont need weed nor alcohol



  19. Terry Trice on May 15, 2022 at 6:52 pm

    Lol you guys act like y’all was before the cartels! Now you know how they feel, been knowing they’d have to hustle that weed out the back door. All I know is some offices need that defund treatment



  20. k'napples on May 15, 2022 at 6:52 pm

    Narcs



  21. L Moroz on May 15, 2022 at 6:53 pm

    leave it to the government and corperations to ruin a beautiful thing



  22. Rafael Torres on May 15, 2022 at 6:55 pm

    Let them fail government shouldn’t be in this business.



  23. Hector River on May 15, 2022 at 6:55 pm

    You got to hit the streets bro



  24. hothmandon on May 15, 2022 at 6:57 pm

    Federal legalization would just be easier on everyone



  25. jadedandbitter on May 15, 2022 at 6:57 pm

    Pretty soon the ATF will be the ATCF



  26. JABS991 on May 15, 2022 at 6:57 pm

    Uhhh. You sell a product i can grow in my backyard.



  27. country Man on May 15, 2022 at 6:57 pm

    cali just needs to be cut off from the USA



  28. Bruce MacDonald on May 15, 2022 at 6:58 pm

    Only N SKANKLAND



  29. HilltopZombieShop on May 15, 2022 at 6:58 pm

    Seize all their money under federal law and use it to build the wall



  30. spaboos06 on May 15, 2022 at 7:02 pm

    That’s why I stay Black Market 🤙🏽🤙🏽🤙🏽



  31. 👉👉 VENDORBILLZ on Telegram on May 15, 2022 at 7:03 pm

    👆🏻👆🏻👆🏻👆🏻 (name above) I just wanna say I’m Very impressed with your service. Got my cannabis, Absolutely faultless, hope to be doing plenty of future business. Many thanks



  32. soso pinoy on May 15, 2022 at 7:04 pm

    Wouldnt know if the business is using the news as a ploy to lower the taxes … pfffft



  33. Adam Roney on May 15, 2022 at 7:04 pm

    There should be a class action lawsuit for Mexicans for black people for non white people for muslims and then for smoking cigarettes and cannabis and an alcohol distribution centers Paul distribution centers oto all the California law suits



  34. B on May 15, 2022 at 7:04 pm

    This country needs to lower the taxes and be easy on rules.



  35. Bryan Gonzalez on May 15, 2022 at 7:07 pm

    Why are people surprised it’s the US government and they do what the Mexican mafia does called extortion.



  36. M A on May 15, 2022 at 7:07 pm

    this made my jaw drop. making over a million in sales and all you get is 70k out of that? Pure Insanity. Im scared to open any kind of business because taxes, and corporate monopolies destroyed the free market.



  37. Latin Assassin Gaming on May 15, 2022 at 7:09 pm

    Good people need to take there money else where let that state burn



  38. Confidential confidant on May 15, 2022 at 7:09 pm

    Typical federal government taking our money.



  39. Russiasvechenaya on May 15, 2022 at 7:09 pm

    They vote for this



  40. gnarmarmilla on May 15, 2022 at 7:10 pm

    MSNBC, I wish you blurred out that painting, it’s a bit obscene.
    That’s really too bad the politicians are unjustly taxing this herb. May God have mercy on my home state and all it’s people, and may He bless them with better laws and regulations for God’s glory, and may He discipline the illegal dealers so that they become wise and righteous, those people who dodge taxes and harm all society through their meanderings and through their mistakes.
    Amen

    All drugs that Big Pharma banned with the DEA need to be legalized and the DEA needs to be dismantled. May it be, oh creator in heaven. Amen



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  42. ssporky650 on May 15, 2022 at 7:11 pm

    Hahahahaha this should be funny if your high lmao. Good question is what is California doing with all this tax money? They tax everything but the infrastructure is still bad and they always say is for infrastructure 🤔



  43. Cheeba Cheeo on May 15, 2022 at 7:12 pm

    How the states can duck everything up… Probably there’s connection with the cartels and politicians. Good to ask questions, who, why, when, what where and finally who benefits when things are going as they do.



  44. Woodrow Wilson on May 15, 2022 at 7:18 pm

    You guys got your weed before everyone else, you got it early and you were happy, and now you want the same deal as everyone else..Typical California!



  45. BAGLIFE MEDIA on May 15, 2022 at 7:19 pm

    That dude is mad because he has competition sounds like he’s wants to be one of the few to capitalize from legal Marijuana sales forget about healing people its all about the bottom line he sounds really selfish and greedy 🤦‍♂️



  46. Xxxxxxg on May 15, 2022 at 7:20 pm

    Because y’all choose to do business in cali literally no other state has this issue Washington is making hella money while cali is staying broke.



  47. Marvin Avila on May 15, 2022 at 7:21 pm

    Wooow



  48. Habner Costa on May 15, 2022 at 7:22 pm

    Well, they are always the first ones to say weed isn’t addictive, so if you think it’s expensive, just stop buying it, if you can 😉



  49. Roberto Chacon on May 15, 2022 at 7:25 pm

    That’s why legalize weed is bad. More money to our government pocket for personal spend instead of put it back to community.



  50. Christian on May 15, 2022 at 7:27 pm

    There should only be regular sales tax, no excise taxes.