Cannabis-related business licensing in the United States and Canada plateaued in 2023 after six years of torrid growth, marking the beginning of an industry-wide reckoning as licensed cannabis businesses struggled to optimize their operations amid falling product pricing, penalizing tax policies, and a Balkanized marketplace that has thwarted economies of scale.

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Brett Goetschius

Brett Goetschius

Brett Goetschius has covered public and private growth capital markets for two decades as a journalist, editor, and publisher. He was the founding editor and publisher at DealFlow Media, where in 2010 he launched The Marijuana Business Report, the first industry news publication dedicated to the regulated cannabis market.

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