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HARD L.A. the Latest Outdoor Music Festival to be Canceled [Updated]

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[Update, 4:30 p.m: In a statement, festival organizers explain why the event has been canceled and what's next. See the bottom of this post for their explanation in full]

Scheduled for this weekend, HARD L.A. has now been canceled, according the LA Times. It is the second music festival to go wayside following the controversial Electric Daisy Carnival at the L.A. Coliseum, where more than 100 people were sent to the hospital, including 15-year-old who later died.

Although a recent ban on raves was enacted for only the Coliseum, this type of event has been under public scrutiny. For example, the Fresh Squeezed Music Festival 2010 scheduled for this past weekend was canceled -- twice.