Economic Challenges Continue For Cannabis Market

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A lack of legislative reform on Capitol Hill and a growing bear market makes it challenging for cannabis stocks to profit; in fact, cannabis companies have seen their stock prices plunge by as much as 70% since early February 2021.

A variety of economic factors are exacerbating the negative investor sentiment, including a slowdown in revenue growth in crucial state marijuana markets which is leading to a loss of capital for growing a business, rising inflation, the talk of recession, and the war in Ukraine which has put pressure on the global cannabis supply chain.

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