The transition from a medical marijuana market to adult-use retail presents new business opportunities, an exponentially wider customer base and, generally, a significant growth driver for licensed cannabis companies.
Yet, in some of the nation’s newest recreational markets, the shift also has ushered in more onerous regulations and business restrictions, including outright product bans, lower potency caps and harsh limitations on packaging, product design and marketing.
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Operators in Arizona, Maryland, Missouri and New York – among other markets – are facing a rash of new regulations that add significant financial costs and time to market.
In Missouri, industry concerns about another potential inventory shortage are mounting as dozens of brands and manufacturers await packaging approval for hundreds – if not thousands – of
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