#californiacannabis – “Besides Caliva — Jay-Z is its parent company’s chief visionary officer — at least four more of the city’s 58 cannabis delivery services have closed operations in the last several months. A fifth is restructuring and ending general cannabis deliveries.
More Sacramento companies are expected to shut down because consumer demand for cannabis continues to drop, in part because of inflation eating away discretionary dollars. At least several hundred cannabis jobs have already been lost.
Caliva was advertising discounts of as much as 70% last week on marijuana web sites. Its own site Sunday night said cannabis delivery was no longer available in the Sacramento area.”