Cannabis legalization in the United States reveals a range of outcomes and challenges. However, as this evolving landscape unfolds, it becomes evident that the impact of cannabis legalization is far from uniform.
Can a cannabis dealer transition from the legacy market into the legal space?
Updated Apr 29, 2021;
The cannabis industry often provides projections on the billions that are made by the adult-use and medical market. There is, however, a projection that’s often left out of the conversation when it comes to legalized cannabis the economics of the legacy market that came before it and bore the brunt of the casualties in the War on Drugs.
An estimated $4.6 billion in annual cannabis sales happen in New York alone, the majority of which is driven by that very same market, and the integration of that market into a legalized one is an absolute must, says Dasheeda Dawson, the Cannabis Health Equity Movement (CHEM) chief strategy officer and co-founder of the Cannabis Education Advocacy Symposium & Expo (CEASE). Dawson also runs the Weedhead & Company, a lifestyle cannabis brand that’s structured around education and e-commerce.
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