It is time to declare at least one winner. After almost sixty years of fighting, it’s clear that the War on Drugs is almost over and drugs have won. Though the fate of the US Presidency remained unclear, the future of cannabis was quickly called. Arizona, Montana, and New Jersey legalized adult-use cannabis, Mississippi legalized medical cannabis, and South Dakota passed both a medical and adult-use ballot initiative.
Cannabis companies are slowing the rollout of new brands and products in what might be the latest sign of market maturity in early states that legalized adult-use sales. This is good news for established cannabis brands as competition for shelf space declines while sales continue to grow. Cannabis multistate operators are also well-positioned to thrive in adult-use cannabis markets created by the Nov. 3 election.
Cannabis Wins from Coast to Coast
Marijuana multistate operators set to capitalize on new markets, but small firms face hurdles
Recreational cannabis brand and product expansion slow in US markets
Katrina Glogowski, Seattle Attorney & Angel Investor
Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast.
Episode 579 of The Talking Hedge:
Your Cannabis Business Podcast.
Covering cannabis products, reviews, business news, interviews, investments, events, and more.
Song: Dark Trap Beats Hard Rap Instrumental | Gang | 2018Artist: LuxrayBeats
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Josh is not an investment adviser. The Talking Hedge is long gold and silver. Listeners should always speak to their personal financial advisers.