(This story is part of the cover package for the January issue of MJBizMagazine.)
Opportunities in the U.S. cannabis industry continue to expand, despite some notable setbacks in the November 2022 elections and continuing resistance at the federal level to marijuana reform.
Up to four new state markets could launch this year: Alabama, Connecticut, Mississippi and Missouri.
ADVERTISEMENT
That’s on top of the recent adult-use launches in New York and Rhode Island.
When mature, the New York market will likely be the second largest in the nation.
Market snapshots
States coming online this year have potentially lucrative futures, although in the near term, opportunities will be limited.
Missouri, for example, has built a strong medical marijuana market and seems poised to have a robust recreational market.
But for now, the only new licensing opportunities will be for microbusinesses.
Rhode Island, which launched adult-use marijuana sales in December,
Read full article on Marijuana Business Daily
