Santa Rosa, California-based Herbl Solutions, a provider of supply chain solutions to the cannabis industry, apparently imploded and faces entry into receivership.
The company has reportedly laid off the majority of its workforce, with up to 200 employees impacted.
It appears that the company's collapse was foreordained based on California's onerous regulations and high taxes.
The company or its CEO Mike Beaudry have yet to issue a formal statement.
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next