EXCLUSIVE: How many cannabis stores closed in Canada in 2023? Data shared with MJBiz by the country's three largest cannabis store regulators paint a rough picture. Krista Raymer, Matt Maurer & Mike Schilling have shared their valuable insights. Thanks to Gary Cohen for sharing: "We see another phenomena occurring and that is, with the 5 year anniversary of the industry (10/23), many of the initial leases were 5 year leases that are coming to term. Many operators who were doing well in the early years, struggled in the past few and are letting the lease expire without renewing. As a result, they are exiting the business." POST RE-SHARE CREDIT: @Matt Lamers (International Editor)

Posted by Richie Bragado at 2024-01-29 16:26:23 UTC