Why are some Canadian cannabis companies struggling?

Why are some Canadian cannabis companies struggling?
The first year or so of legal cannabis in Canada has been a bumpy ride.

There is a growing legal industry where there wasn’t one before, but there have also been collapsing share values and mass layoffs.

People involved in Canada’s cannabis industry say some of the issues just come with the territory of companies pressured to get too big too fast and the fact that legal weed still costs a lot more than the competing grey-market product.

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Why are some Canadian cannabis companies struggling?