The Executive Chairman of Bed Bath & Beyond just released a statement skewering Gavin Newsom’s California, explaining why they will not open and operate retail stores in the state.

Marcus Lemonis says this is not about politics, but about reality.

Here’s what he wrote:

Official statement regarding @BedBathBeyond. We will not open retail stores in California. This isn’t about politics — it’s about reality.

California’s system makes it nearly impossible for businesses to succeed, and I won’t put our company, our employees, or our customers in that position.