Marijuana multistate operators are well-positioned to thrive in adult-use cannabis markets created by the Nov. 3 election, but small businesses – including minority- and women-owned firms – face challenges such as access to capital.
Four publicly traded MSOs are particularly primed to benefit from new and potential adult-use markets in Arizona, New Jersey and Pennsylvania, according to an industry update by Canadian-based investment banking firm Canaccord Genuity.
Voters in Arizona and New Jersey legalized potentially huge adult-use marijuana markets on Election Day while Pennsylvania and New York are strong possibilities to follow suit because of their proximity to New Jersey.
To found out the four MSOs identified by Canaccord Genuity click on https://mjbizdaily.com/marijuana-multistate-operators-set-to-capitalize-on-new-markets-but-small-firms-face-hurdles/?utm_medium=email&utm_source=newsletter&utm_campaign=MJD_20201112_News_Daily