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2016 will be remembered as the year that changed the course of the cannabis industry. Nine states voted on cannabis legalization initiatives of which five – Arizona, California, Maine, Massachusetts, and Nevada – voted on adult-use initiatives, while four – Arkansas, Florida, Montana, and North Dakota – voted on medical initiatives. In this free executive brief New Frontier Data, utilizing inputs provided by Viridian Capital Advisors, discusses:
- Industry maturation leading to increased capital markets activity
- The top three trends for how the election impacted cannabis capital markets
- Increased consolidation and competition will shape the cannabis industry in the short-term