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420 with CNW — Massachusetts Considers Freezing Issuance of Marijuana Cultivation Licenses

Cannabis stores across Massachusetts are moving more product than in previous years as the number of licensed businesses reaches a record high in what has become a $1.6 billion annual industry. Even so, regulators are weighing a temporary halt on new cultivation licenses as growers grapple with falling wholesale and retail prices. 

Legal marijuana markets everywhere have their own fair share of oversaturation, and many companies like SNDL Inc. (NASDAQ: SNDL) are having to come up with innovative ways to…

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CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of an article each business day at 4:20 p.m. Eastern – a tribute to the time synonymous with cannabis culture. The concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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