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Several big-name publicly traded cannabis companies in California are in obvious distress, which begs the question, how long until more of them join the conga line into receivership and bankruptcy? Last week alone, Lowell Farms (CSE: LOWL) (OTCQX: LOWLF) reported that it lost another $3.6 million in its latest quarter, …
… New Jersey have passed ordinances “opting in” to cannabis licensing operations. Sparta would be able to collect 2% tax on retail products …