The family-run business under discussion has suffered due to stringent New York State regulations that have significantly reduced the number of operational enterprises in the electronic amusement and retail industry from 300 in 1975 to just 50 today. These policies have diminished local employment and led to an increase in competition from illicit markets, especially in tobacco. Additionally, the shift towards imported goods has impacted local manufacturing. The article argues that government actions favor competitors in the cannabis industry while neglecting the traditional businesses that have provided employment and contributed to state revenues.
Government policies in New York have drastically reduced the number of businesses in the electronic amusement and music sector, impacting livelihoods and local economies.
While tobacco sales were once a strong employment source in our industry, stringent policies have led to losses, including significant tax revenue for New York.
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