As Alaska’s Cannabis Industry Grows, Some Cultivators Close Up Shop
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As Alaska’s Cannabis Industry Grows, Some Cultivators Close Up Shop

The closures are the result of attrition that would happen with any nascent sector, according to the Alaska Marijuana Industry Association.

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January 7, 2019

Alaska’s cannabis industry has spent the last few years getting off the ground, but a handful of marijuana cultivators have already shut their doors.

Cultivation facilities in Homer, Houston, Nome, Sitka, Soldotna, Wasilla and Willow surrendered their state licenses or let them lapse last year, according to the Alaska Department of Revenue.

“We are starting to see some cultivators with expired or surrendered licenses, going out of business,” Kelly Mazzei, a supervisor at the department’s excise tax group, said in an email.

The closures weren’t so much about supply or demand pressures, said Alaska Marijuana Industry Association executive director Cary Carrigan.

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