Welcome to the cannabis crunch: Mass. marijuana industry braces for turbulent 2023 – The Boston GlobePosted by On


That’s because a newly legal industry previously seen by giddy investors and entrepreneurs as the next gold rush has turned out to be more like an ordinary commodity market, with a massive increase in wholesale supply and retail competition over the past year causing an equally massive price crash. As a result, many operators are watching their slice of profits shrink even as the overall pot pie continues to grow. But when the state surpasses that mark — likely in the next month or so — there may not be…

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