July 29 2022,

THE BIG IDEA

Hi all,

Sorry for today’s delay, but I hope you’ll find it a valuable weekend read.

  • Black-owned businesses feel the squeeze

Alex

*

Our advertising policy.

*

Send tips, press releases, concerns, feedback and criticism to hello@weedweek.com

*

Was this email forwarded to you? WeedWeek California Pro is the only publication for people who make money in the world’s largest cannabis market. Get a two-week trial subscription for $1!

DOGWALKER

The Parent Co and others fold SacTown delivery services

The Parent Company-owned Caliva and at least four of the nearly 60 other delivery services in Sacramento are ceasing operations in the capitol amid fierce competition and shrinking demand. Caliva was advertising up to 70% off last week in the area. To enter the market, it had bought a delivery service for $475,000 last August. Last month Unrivaled Brands shut down Sacramento delivery service Silver Streak Solutions which it bought for $6M in October. More Sacramento companies are expected to follow. The Parent Company declined to comment to the Sacramento Bee. Parent and Unrivaled stock trade for 67 cents and eight cents respectively.

QUICK HITS

Business:

Local: 

Crime:

Fun and interesting:

NOTABLES

Company Milestones:

Upcoming:

  • Pacific Stone has partnered with Weed + Grub on the Pacific Stone Comedy Tour, an invite only event for budtenders. It kicked off last night in LA and is coming to Santa Barbara and NorCal in October. BTW, that press release refers to PacStone as #1 flower brand by units sold. 
  • The Burning Treez Festival is set for August 27 in Adelanto (San Bernardino Co.)

Prizes:

View our privacy policy here.