Kevin Smith was just about to get around to doing a third installment of Clerks when the whole project was brought to a screeching halt. The Weinstein Company, the owners of the franchise rights, have passed on it according to Smith based on the budget being too high for their liking, which was $6 million.

There’s no further word on the fate of Clerks 3, but we’d bet this is probably isn’t the end of the road just yet.