Faced with tightening capital markets, rising operational costs, and stalled federal reform, cannabis companies across the country began executing significant layoffs and pulling back from aggressive expansion plans in 2022.
MJBiz Daily documents the wave of retrenchment hitting the industry, with SIVA’s Avis Bulbulyan offering analysis on the structural issues—overcapitalization, poor unit economics, and misaligned regulatory frameworks—driving the contraction.
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