3 Ways to Effectively Assess a Legal Cannabis Company to Mitigate Risk - luxury Blogs

3 Ways to Effectively Assess a Legal Cannabis Company to Mitigate Risk



How to scrutinize a legal cannabis company for utmost viability to best ensure your investment, partnership, employment or other  engagement doesn?t ?go up in smoke?
With the legal cannabis industry projected to exceed $50 billion by 2022, according to Cowen & Co., and another report citing that, from just January to September 2017, alone, ?cultivation and retail investments tripled to $718 million? with areas like agricultural technology, infused products, and software attracting copious investor dollars, the future for many stakeholders is decidedly green.
Given the extent of near-guaranteed growth and financial upside of the legalized cannabis industry and throngs of sectors related thereto, there?s a gold rush mentality prompting people to invest in cannabis stocks, partner with cannabis companies, accept employment opportunities and otherwise ?get in the game? and stake their claim as the so-called ?wild west of cannabis? unfolds. Or, ?flourish? seems to be a better characterization, given the legal cannabis industry is reported to be the single fastest-growing industry in the United States?one that added over 64,000 full-time legal cannabis jobs in 2018, bringing the total number of positions for the year to 211,000 ? up 44% rise from the prior year, according to a new report  from Leafly and Whitney Economics. So, it?s certainly no surprise that trend-driven, profit-minded companies, entrepreneurs, investors and even job seekers are putting politics and ?value ...

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