420 with CNW — New Data Shows That Less Than 10% of Canadian Marijuana Licensees Exited Growing Industry
Oct 24, 2022
New data from the Canadian government shows that less than 10% of federal marijuana license holders have left the market since the plant was legalized in 2018. This data suggests that industry forecasts of a decrease in marijuana producers in the market has not occurred, as new entries into the hypercompetitive market surpass those exiting by a wide margin.
The new data was released as part of the Canadian government’s engagement paper for the…
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