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Over 75% of Cannabis Companies Lose Money Every Year According to Whitney Economics

The US cannabis industry faces a significant profitability crisis, with less than 25% of operators reporting profits. Complex regulations, limited banking access, intense market competition, and restricted capital hinder the financial success of cannabis businesses. To overcome these challenges, collaboration among industry stakeholders, policymakers, and regulators is essential to streamline regulations, improve banking services, and provide financial support.

Jason

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