Week in Review: 5 business takeaways from the landmark national election
By Omar Sacirbey and Bart Schaneman
Now that voters in seven states have legalized recreational or medical marijuana, business leaders and political observers are bullish about the potential for industry growth.
They point to greater opportunities through interstate expansion, increased investor interest in the cannabis space and greater innovation in technology and business strategies.
“People should feel good about these victories and the opportunities that legalization brings,” said Kris Krane, managing partner of 4Front Advisors, a cannabis consulting firm in Boston.
But industry officials also warn that perks – including expansion opportunities – do not come without risk.