By Lauri Kibby of Kings Garden Cannabis industry optimism in the United States is mounting alongside increasing expectations for national legalization. RELATED: We’re About To See If Senate Filibuster Will Ruin National Cannabis Reform With federal legalization, international markets will open. U.S. cannabis companies are preparing now for the full potential of demand to avoid the pitfalls experienced by Canada. Additionally, mounting momentum at the state level in the U.S. makes national legalization increasingly likely. Equally important, we have a long runway of experience established in California, the nation’s largest state and a major cannabis market on the global stage.
Should federal legalization pass in the U.S., sales could boom not only because of broader demand, but because American companies are prepared for this eventuality.
By Lauri Kibby of Kings Garden
Cannabis industry optimism in the United States is mounting alongside increasing expectations for national legalization.
Skeptics, however, point to the Canadian experience and suggest we temper our enthusiasm. To be sure, years removed from 2018 legalization, most marijuana producers in Canada are still reporting losses.
Cannabis has substantial potential in Canada, but it has been a bumpy ride so far. At first,...
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