Woodstock 50 is officially canceled. Co-founder Michael Lang issued a statement after Variety broke the news.

“We are saddened that a series of unforeseen setbacks has made it impossible to put on the Festival we imagined with the great line-up we had booked and the social engagement we were anticipating,” Lang said in a press statement.

“When we lost the Glen and then Vernon Downs, we looked for a way to do some good rather than just cancel. We formed a collaboration with HeadCount to do a smaller event at the Merriweather Pavilion to raise funds for them to get out the vote and for certain NGOs involved in fighting climate change. We released all the talent so any involvement on their part would be voluntary.

“Due to conflicting radius issues in the DC area, many acts were unable to participate and others passed for their own reasons. I would like to encourage artists and agents, who all have been fully paid, to donate 10% of their fees to HeadCount or causes of their choice in the spirit of peace.

"Woodstock remains committed to social change and will continue to be active in support of HeadCount’s critical mission to get out the vote before the next election. We thank the artists, fans and partners who stood by us even in the face of adversity. My thoughts turn to Bethel and its celebration of our 50th Anniversary to reinforce the values of compassion, human dignity, and the beauty of our differences embraced by Woodstock.”

The festival had been scheduled for 8/16-18.

Miley Cyrus, The Lumineers, The Raconteurs, Country Joe McDonald and John Sebastian were the most recent acts to say they would not or could not perform at Woodstock 50 after it was moved to Columbia, Md.’s Merriweather Post Pavilion.

Jay-Z, Dead & Company and John Fogerty were the first to bail.

Seth Hurwitz, operator of Merriweather Post Pavilion, said, "Hopefully, with plenty of time to prepare, Merriweather will become the site of a future festival that captures the original vibe. A lot of people clearly wanted it to happen.”

So don’t throw away your brown acid just yet.