The nascent marijuana trade has made vital strides over the previous a number of years.
Illinois is poised to develop into the 11th state to permit leisure cannabis gross sales, after lawmakers final week voted to go laws thought-about to symbolize essentially the most progressive grownup–use invoice within the nation. The passage of the Farm Invoice late final 12 months legalized hemp and declassified it as a Schedule I managed substance on the federal stage. And help for marijuana legalization just lately crossed an all-time excessive.
However the once-illicit marijuana market nonetheless has hurdles to cross earlier than unlocking its full potential, in keeping with executives at a number of the world’s main cannabis firms.
Yahoo Finance requested the CEOs of Acreage Holdings (ACRGF), Cover Progress Company (CGC), Cresco Labs (CRLBF) and Curaleaf (CURLF) – all public cannabis firms representing a mixed market capitalization of greater than $20 billion – together with analysts and traders of the area what they thought had been the largest threats going through the nascent trade.
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