The new year brings renewed optimism and hope for the marijuana industry, which could see a raft of impactful trends for cannabis business executives.
Overall, 2022 was a tough year for the cannabis industry, with macroeconomic headwinds including inflation as well as industry-specific obstacles such as overproduction and a lack of capital investment.
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Looking ahead, the marijuana market can expect, to name a few:
A prolonged slowdown of mergers and acquisitions. Calls for moratoriums in mature markets struggling with too much supply. Product segmentation at the retail level as consumers become increasingly sophisticated in buying habits.
Here are the top 10 marijuana industry trends to watch for in 2022, as determined by MJBizDaily staffers:
1. Major consolidation in key markets
After the boom times during the COVID-19 pandemic lockdowns, the cannabis industry doesn’t appear as recession-proof as it once did.
Companies in mature recreational
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