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A Michigan cannabis company closed its plant due to tough market conditions and an upcoming 24% wholesale tax.
A Michigan cannabis company has shut down its production plant, citing challenging market conditions and the upcoming implementation of a 24% wholesale tax, which is expected to increase operational costs significantly.
The closure marks a growing concern over financial sustainability in the state’s cannabis industry.
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Una compañía de cannabis de Michigan cerró su planta debido a las duras condiciones del mercado y un impuesto al por mayor del 24% que se avecina.