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“Integrity has no need of rules.” Albert Camus, French philosopher (1913-1960)
Today, unfortunately, it seems that we have more rules and less integrity. At least this seems to be the case for one section of the California cannabis industry. Recently, a video went viral of dispensary owners in a meeting talking about how much money they saved by not paying their “mom-and-pop” vendors.
“You know what’s so cool,” one owner asked. “How much money we’ve saved by not paying the vendors that have gone out of business…I’m talking about these mom-and-pop brands that come and go.”
There surely must be other cases. To learn more about what’s going on in the California cannabis space, Benzinga reached out to the founders of Stone Road, which has a farm in Northern California and operations across five states. Stone Road has been stiffed for tens of thousands of dollars.
“The reason that all these mom-and-pop shops went out of business was because you had retailers like this holding invoices for 100+ days thus forcing small businesses into bankruptcy,” said Lex Corwin, Stone Road’s CEO and co-founder.
Corwin recently opened up on social media about the struggles his company had. He suggested that the black market actually operates with more