A Top Cannabis Executive Has 2 Bold Predictions for the Industry
The cannabis industry is evolving as more states legalize marijuana and more types of products become available. But predicting exactly in which direction it will go can be a challenge. While many investors and cannabis executives hope that federal legalization is inevitable, there's no telling if and when it might happen.
There are, of course, other projections to consider as well, such as whether there will be more consolidation and which types of products might have the most market share. Curaleaf Holdings (OTC: CURLF) Executive Chairman Boris Jordan offered some predictions on those issues at a recent conference.
Beverages aren't a popular subset of the cannabis market right now. Analysts from Fortune Business Insights estimate that globally this segment was only worth $915 million last year, and Curaleaf's revenue last year was more than that at $1.2 billion.
Source Fool.com
