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The Crux of the Cannabis Industry, Record Sales But No Profits – Michigan Sees Same Results as Other States

Michigan could potentially become the second-largest cannabis market in the United States, following California. Nevertheless, insiders within the industry assert that turning a profit under current circumstances presents a formidable obstacle, especially for businesses that adhere strictly to regulations. Furthermore, the continual influx of new licenses intensifies competition to unsustainable levels.

Jason

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