2021 bodes well for California marijuana companies, business opportunities
As we approach the new year, we predict that 2021 will be another favorable year for the cannabis industry.
California Medical Marijuana News
As we approach the new year, we predict that 2021 will be another favorable year for the cannabis industry.
Even during tough economic times, marijuana consumers are turning to higher-priced flower products – a signal that cannabis users are increasingly willing to spend more money on such merchandise.
New York-based Subversive Capital Acquisition Corp., a special-purpose acquisition company, said it has acquired two California cannabis companies and hired rapper and producer Shawn “Jay-Z” Carter in a role to foster social equity in the industry.
Small marijuana farmers in California who’ve struggled in recent years – either to launch their own brands, expand their businesses or survive the transition to the new legal market – might have a brighter future, thanks in part to various programs and ventures now in the works.
As news spread of an important ruling in a lawsuit over California’s statewide cannabis delivery policy, industry executives’ initial impression of a victory gave way to the reality that more legal battles are likely.