Analyst warns of more closures, consolidation amid Canadian cannabis glut

MJBizDaily
By Matt LamersJan 25, 2021, 1:32 pm229 pts
The Canadian cannabis industry should brace for more facility closures, bankruptcies and consolidation amid a worsening oversupply situation, Jefferies analyst Owen Bennett warned this week following a Marijuana Business Daily report drawing attention to the country’s ballooning inventory. In a note to…

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