Want to Invest in Colorado after HB19-1090? Businesses to watch

Colorado’s HB19-1090 went into effect on Nov. 1, effectively opening the state cannabis industry to out-of-state investment – and outsiders are already moving in.

So far we have seen a total of $421 million in Colorado acquisitions, and we expect more transactions to occur as businesses seek new capital for growth, capture some value after years of entrepreneurship in a newly liquid market, or join forces with larger players.

Previous regulations capped the number of out-of-state owners at 15, forcing operators to self-fund their growth.

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