MJBiz Daily reports on the accelerating trend of major multistate cannabis operators exiting certain regulated state markets as profitability pressures mount. SIVA’s Avis Bulbulyan provides analysis on the economic and regulatory forces driving the contraction.
The retreat reflects broader structural challenges: high tax burdens, unresolved federal status, and competition from the illicit market continue to erode the business case for maintaining operations in states with unfavorable market conditions.
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