Regulatory and Legal Hurdles: Navigating the "Gray Market"
Despite the growth, the legal marijuana market remains one of the most difficult industries to navigate. The primary challenge in 2025 is the "Dual Market" problem, where legal, tax-paying businesses must compete with a resilient illicit market. Because legal products are subject to excise taxes (often 20–30%), testing costs, and high regulatory compliance fees, they are frequently 50%...
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