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Originally Posted by AnthonyAnderson
That's indeed sad news. Such a sector, I think, will always be challenging, and it's hard to say how stable everything will be in the future. And the fact that such a huge percentage shares the illicit market makes everything even more complicated.
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Yeah, the players in the sector over evaluated the demand and potential of legalized mamajuana. Feds are currently reviewing the structure of the market, so hopefully, they can bring down the taxes in order to make the legal dispensaries more competitive (assuming they pass the savings to the consumers).