The marijuana business was so full of promise a few years ago that pot shops leafed out across the state. So why has there been a 90% drop in the number of retail outlets over the last 5 years? Also in this section, Culver City’s MedMed Enterprises – one of the big, early players in the cannabis industry – has started down the path of an “asset light” model under its third chief executive in the last two years.
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Local Cannabis Dispensaries Fighting for Survival