Grateful Dead Legend Jerry Garcia’s Family Pulls Pot Business Out Of California Over Taxes | Eastern North Carolina Now

    Publisher's Note: This post appears here courtesy of the The Daily Wire. The author of this post is Greg Wilson.

    Grateful Dead legend Jerry Garcia's relatives are truckin' out of California, apparently because the Golden State's high taxes and anti-business climate are just too harsh on the family's marijuana business.

    Garcia Hand Picked, which the late guitar wizard's family started in 2020, told the company just can't make a go of it in the Golden State. An industry expert blamed high taxes, competition from the black market, and soaring crime for the decision to pull out of California.

    "We're taking a pause in California," a spokesperson for Garcia Hand Picked parent company Holistic Industries said. "We want to ensure California consumers have the highest quality flower for the long term, so we are choosing a new local partner for cultivation, production, sales and distribution of Garcia Hand Picked in CA."

    Garcia, who died in 1995 at age 53, was born in San Francisco and founded the band there in the 1960s. More than two decades after his death, California legalized recreational marijuana, a policy decision the hard-partying musician would have certainly endorsed.

    "This was a hard decision for them, they love California," cannabis industry expert Andrew DeAngelo told the outlet. "They were born and bred here. This is very painful for them, I guarantee that."

    DeAngelo said the Garcia family is facing the same high-tax, high-crime realities as other Golden State entrepreneurs. Since 2020, California has seen an exodus of high-profile companies, with many going to red states with lower taxes and safer streets.

    "Not only is Garcia leaving, a lot of people are leaving," he said. "It's a real shame California is losing out."

    The Garcia Hand Picked brand of marijuana will still be sold in Colorado, Maryland, Michigan, Massachusetts, and Oregon.

    California, which has a 15% sales tax on marijuana, has reaped over $4 billion in tax revenue since legalizing pot. It also collects money from retail licenses, which can cost $100,000 annually, taxes on growers, and local taxes which are in addition to the state levies. But legal cannabis companies complain that the state doesn't do enough to crack down on the black market, allowing unfair competition to flourish.

    Last November, warned of a "mass extinction event" for California's legal pot industry, reporting that licensed companies were carrying unsustainable debt and were unable to pay their bills.

    "In the next 12 months, I think half the retailers are going to be in business," Matt Yamashita, founder of Grizzly Peak, a Bay Area indoor grower and distributor, told the site. "I think 80% of the people in business will be gone. It's inevitable. The bubble is going to burst."
Go Back

Leave a Guest Comment

Your Name or Alias
Your Email Address ( your email address will not be published)
Enter Your Comment ( no code or urls allowed, text only please )

More Police Officers Relieved Of Duty Over Death Of Tyre Nichols, EMTs Fired Daily Wire, Guest Editorial, Editorials, Op-Ed & Politics FBI Searched Biden’s Private Office At Penn Biden Center Months Ago


Latest Op-Ed & Politics

Former President Trump might be glad Signature Bank refused his business following the Capitol riot, now that the New York-based lender is the latest institution to be shut down by regulators.
Duke Energy Carolinas wants to increase residential rates for its customers between 16.2 and 16.6% by Sept. 1 and an additional 0.4% by Jan. 1. The utility is also seeking a rate hike for commercial and industrial customers. Rates would increase by 12.1% and 15.2%.
bought Manhattan prosecutor's office for $1 million
Pope Francis criticized radical gender ideology in a recent interview, referring to it as “one of the most dangerous ideological colonizations” in the current public discourse.
Following the unexpected collapse of Silicon Valley Bank, company officials have reached out to customers who lost their life savings with promises of a free pen.
House Intelligence Committee Chairman Mike Turner (R-OH) said that communist China is using TikTok to make its way into U.S. data systems as calls grow for the federal government to ban the app.
Gov. Cooper Proposes Historic Investments in Education, Economic Development, and Workforce Without Raising Taxes
Rep. Nancy Mace (R-SC) brought up left-wing riots during an interview over the weekend when asked about the recent media coverage surrounding the January 6 riot following the release of thousands of hours of video footage from the incident.
General Assembly leaders agreed to a bottom-line budget number last week, kicking off the biennium budget season. Senate Leader Phil Berger (R-Rockingham) and House Speaker Tim Moore (R-Cleveland) announced that General Fund spending would increase by 6.5% in the first year


House Intelligence Committee Chairman Mike Turner (R-OH) slammed Dr. Anthony Fauci, former director of the National Institute of Allergy and Infectious Diseases, over the weekend for making statements about the origins of COVID that are not supported by the findings of the U.S. intelligence
In recent months, Republican Governors like Gregg Abbott have continued their cruel campaign against parents who pursue constitutionally-protected avenues for cleaning their children.
Senator John Kennedy (R-LA) said during an interview on Sunday that when he approached President Joe Biden about using the U.S. military to take out Mexican drug cartels, the president rebuffed him and said that it was a “bad idea.”
In a press conference Thursday, Senate Leader Phil Berger and House Speaker Tim Moore announced that an agreement has been reached between the chambers to expand the federal Medicaid entitlement program in North Carolina.
House Foreign Affairs Committee Chairman Michael McCaul (R-TX) said on Sunday that testimony from a U.S. Marine Corps Sergeant about President Joe Biden’s disastrous pullout from Afghanistan was “devastating and damaging to the administration.”
Today, Republican National Committee (RNC) Chairwoman Ronna McDaniel released the following statement on February's Producer Price Index:
Former Acting Attorney General Matt Whitaker explained to Sen. Marsha Blackburn (R-TN) this week how President Joe Biden’s Department of Justice is a “two-tiered system of justice” in which conservatives often get the short end of the stick.
Bob and Louise Herman reportedly caused ruinous, irredeemable destruction on their teenager's life forever for the fifth time today.
The U.S. Navy announced this week that it would be renaming a ship named for oceanographic pioneer Matthew Fontaine Maury because of Maury’s ties to the Confederacy during the later years of his life.


Back to Top