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High Hopes, Harsh Reality: How Overregulation Crushed California’s Gold Flora—And Why Other States Should Be Worried - Cannabis News World

Summary by Cannabis News World
When California-based Gold Flora entered the legal cannabis scene, the company was poised to dominate. Backed by serious money and a sprawling, vertically integrated operation—from a 100,000-square-foot cultivation campus in the desert to marquee dispensaries in West Hollywood and San Jose—Gold Flora wasn't just riding the green wave. It was supposed to be the wave.But by the end of March 2025, the company had filed for receivership, its assets …
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High Hopes, Harsh Reality: How Overregulation Crushed California’s Gold Flora—And Why Other States Should Be Worried - Cannabis News World

When California-based Gold Flora entered the legal cannabis scene, the company was poised to dominate. Backed by serious money and a sprawling, vertically integrated operation—from a 100,000-square-foot cultivation campus in the desert to marquee dispensaries in West Hollywood and San Jose—Gold Flora wasn't just riding the green wave. It was supposed to be the wave.But by the end of March 2025, the company had filed for receivership, its assets …

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Cannabis News World broke the news in on Friday, April 4, 2025.
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