Public support, changing state laws and evidence of marijuana’s therapeutic benefits are driving the fast-evolving medical marijuana market. Investors need to be aware of the implications and opportunities that are shaping this market.
Illicit marijuana use is a strong predictor of statewide legalization measures.
Changes in the laws governing medical markets are the single most disruptive force on the market, and the greatest source of risk for investors.
Medical marijuana cultivators, processors, and retailers are best positioned to capitalize on the significantly larger adult-use market as legalization continues to spread.