Up in smoke: Formerly a booming industry, San Jose’s cannabis shops now face closure

TWO SAN JOSE cannabis dispensaries have temporarily closed — and the city stands to lose millions in revenue if they go out of business.

MedMen and Herbs both closed their doors in the last few weeks, raising alarm across Silicon Valley’s cannabis industry. While they closed for different reasons, local cannabis lobbyists and retailers say the closures epitomize the effect of San Jose’s high taxes and fees. It also will drive customers to the black market for cheaper cannabis products, they said.