Over 10 Cannabis Companies Closing Per Month in Massachusetts? – Low Wholesale Prices Wreak Havoc on Profitability

It’s important to note that not all of these businesses have completely shut down; some may have ceased operations in the adult-use market while still maintaining activity in the medical marijuana sector. Furthermore, the actual number of closures could be higher, as some cannabis companies might be exploring the option of selling their licenses rather than relinquishing them entirely.