And Excessive Occasions (Levin?) simply busted this fantasy final week
Excessive Occasions Companions with CO Hashish Dispensary Firm In Branded Retailer in Denver
As we speak we learn this on SF Gate – what’s Levin thus far?
https://ir.hightimes.com/company-information/management-team
However the firm's retail empire seems to be crumbling. The chain's Oakland location closed months in the past and, since March, at the very least three different places have closed completely, leaving workers and collectors at a standstill, in line with CRB Monitor.
The sudden closures come as California's hashish business struggles to outlive, with huge distributors going belly-up, tax revenues plunging and dispensaries closing throughout the state.
Closed Excessive Occasions dispensaries go away tons of of hundreds of {dollars} in unpaid payments of their wake. The San Bernardino dispensary owed $103,000 in taxes as of September 2023, in line with information obtained by CRB Monitor. Excessive Occasions additionally owes cash to the ExWorks enterprise fund, which lent the corporate tens of millions of {dollars} in 2017 and once more in 2018, in line with SEC filings obtained by CRB Monitor.
ExWorks, the state of California and the development firm behind the San Bernardino and Blythe dispensaries have filed lawsuits in opposition to the corporate in an try to assert the dispensaries' remaining belongings to cowl unpaid money owed, in line with CRB Monitor.
Excessive Occasions didn’t reply to a SFGATE request for remark earlier than publication time.
https://www.sfgate.com/hashish/article/high-times-shuts-down-pot-shops-california-19385787.php