As another cannabis retailer tries to save itself, is the industry going up in smoke?

Tokyo Smoke is the latest Canadian cannabis retailer to close some of its locations and seek creditor protection in an unpredictable industry grappling with too many stores, high overhead costs and ultra-low retail prices.

As another cannabis retailer tries to save itself, is the industry going up in smoke?
A storefront for recreational cannabis retailer Tokyo Smoke is shown.

Tokyo Smoke is the latest Canadian cannabis retailer to close some of its locations and seek creditor protection in an unpredictable industry grappling with too many stores, high overhead costs and ultra-low retail prices.