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The Rise and Fall of the Cannabis Industry
In the early stages of the cannabis industry, excess production led to companies lowering prices to sell the surplus. Many big companies ended up destroying unused cannabis and closing down facilities. However, the industry has evolved, and now profitable cannabis companies are operating more efficiently. Initially, there was an oversupply of weed, but now there are more retail stores, even in rural areas. These smaller stores in rural towns have found success with as few as 2,000 residents.