If you’ve been following cannabis news, you’ve noticed that the happy-go-lucky mood of 2018 is now dead and buried. Today, those reporting on the industry are more likely to balance any optimism with a sense of caution and introspection. Is that bad omen for cannabis entrepreneurs?
In 2017, legal cannabis became the fastest growing industry in the US’s modern history, with a 25% increase in sales from 2016. And, the prospects for 2018 are looking even brighter, with California having just joined the group of now nine states that have legalized recreational cannabis. If you are an aspiring cannabis entrepreneur, this piece is for you. We’ve compiled a few thoughts that you might find useful as you prepare to jump into the weeds!