Across the cannabis industry, debt and equity finance are down. Macroeconomic disruption is up. And industry fundamentals are being tested on a grand scale for the very first time. Still, opportunities abound — if organizations know where to look.
New legislation, like the SAFE+ Act, could catalyze the cannabis industry, boosting stock prices and rekindling investor interest. Recently commercialized, adult-legal states represent nascent markets and meaningful potential. Tier 1 Multi-State Organizations (MSOs) have maintained good capital and liquidity positions. Industry consolidation and inorganic growth could redraw industry lines in 2023 and beyond.
Navigating this complexity to drive growth starts with a clear portrait of where the industry stands today.