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Cannabis path to profitability requires close look at operating models

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(This story is part of MJBizDaily's premium subscription service, Investor Intelligence.) For investors, it is critical to know the details of how a cannabis company in this hypergrowth industry plans to bridge the gap between its current money-losing reality and the vision of a profitable future. The "lose money now, make money in the future" operating model is not unusual for a relatively new industry. Companies are spending tremendous amounts of money to establish first- or early mover adva...

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