California brands are struggling to compete against counterfeit products which undercut sales and their reputation, the L.A. Times reports.
- The counterfeit products typically sell at unlicensed dispensaries for much less than the originals and are not tested for contaminants.
- Though it’s unclear how severe the problem is, California brand Loudpack said it spent $2.5M to redesign the packaging and hardware for its Kingpen vapes and the counterfeiters quickly caught up.
Quick Hit
- A lawsuit accuses the owners of a high profile dispensary in Orange County (Calif.) of defrauding investors.
MJBiz