How a California pot company went from $575 million in cash to a ‘debt death spiral’

 How a California pot company went from $575 million in cash to a ‘debt death spiral’

Jay-Z’s cannabis brand looked timeless as soon as it launched in 2020. The billionaire rapper, legal name Shawn Carter, rolled out his Monogram line of luxury joints and cannabis flower with a photo shoot at the famous Frank Sinatra house in Palm Springs. Mod…

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How a California pot company went from $575 million in cash to a ‘debt death spiral’SF Gate ^
| December 2, 2024
| By Lester Black
Posted on 12/02/2024 6:37:05 AM PST by Oldec…