APNewsBreak: Big Losses for Medical Marijuana Providers

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APNewsBreak: Big Losses for Medical Marijuana Providers

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ST. PAUL, Minn. — Minnesota’s two licensed medical marijuana manufacturers each posted millions of dollars in losses in their first full year of operations, according to financial documents obtained by The Associated Press.

Minnesota Medical Solutions posted a $3 million loss in 2015, a period that included the rush to build up facilities, grow and cultivate medicine and the first six months of legal medical marijuana sales. The company also said it lost more than $542,000 in 2014.

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