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People often put the dogs up for adoption/re-homing, but i had never heard of someone buying a purebred adult dog. I volunteer with the Labrador Retriever rescue group here in florida and we get a ton of people suddenly deciding they no longer have time for the dog and giving it up, or realizing the dog isn't as cute as it was when it was a puppy/got too big as an adult (duh), so they give them up.

i mean you might get a pure breed puppy for $1500-2k but if its an adult you'd be lucky to get $200

My guess is its just some made up story by the CEO to try to get his employees to work harder because some anonymous employee had to sell their dog

I've never heard of it. If I ever needed to get rid of a pet belonging to a sick parent or whatnot, I'd take it to the humane society.