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WEED NEWS

Legalization�??s Impact: Growing Revenue, Narrowing Margins 0

Posted on January 20, 2017 at 9:50 AM

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The legalization of cannabis throughout North America has created many opportunities for companies and investors, but the increase in supply has made the industry less profitable over time. While the cannabis industry is expected to soar to more than $20 billion in just five years, driving significant potential revenue, prices have fallen anywhere from 25% on the retail side to nearly 50% for wholesalers, which has put a strain on profit margins.

 

In this article, we will take a closer look at these trends and how they could play out for companies operating in the burgeoning industry.

Significant Revenue Opportunity

 

ArcView Research estimates that the North American cannabis industry will triple in size to more than $20 billion in five years. In addition to recreational legalization in Canada, California, Nevada, Maine, and Massachusetts’ recreational legalization will be key revenue drivers. Many companies have already..... https://www.theweedblog.com/legalizations-impact-growing-revenue-narrowing-margins/#prettyPhoto/0/


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