Upcoming Wave of Mergers and Acquisitions in the Cannabis Industry
Legalization of cannabis in Canada and some US states has started a massive wave of business activities leading to an astonishingly high number of start-ups and investments. There are many similarities between the current stage of cannabis industry and what we had seen in the dot-com boom in the late ‘90s or the microprocessor industry boom in the early ‘90s.
However, investors, entrepreneurs, employees, and service providers who have entered or are entering this industry need to take a step back and plan for the upcoming wave of mergers and acquisitions in the cannabis industry. It is also crucial to notice that the cannabis industry will not follow a typical “Industry Life Cycle” as the nature of regulations, emergence into legal market, level of pre-existing demand, diversity of products and customers, submarkets, etc. make this industry different and to some degree unique.
Analyzing and understanding the road ahead could help us better prepare for the upcoming years and avoid the potential pitfalls.
BROUGHT TO YOU BY: SIGMA ANALYTICAL SERVICES