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LA Cannabis Businesses Hit with Higher Fees Amid Industry Struggles

LA City Council raises cannabis business fees, adding pressure to an already struggling industry. Stay updated with CNW420 on how this affects the market.

This development is crucial for cannabis entrepreneurs, investors, and consumers alike, as it highlights the increasing financial and regulatory hurdles facing the industry. Higher fees could lead to reduced profitability for businesses, potentially affecting product prices and availability. For investors, these changes signal the need to closely monitor regulatory trends and their impact on market dynamics. Consumers may see shifts in the cannabis market landscape, influencing access and affordability of products.