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The cannabis industry is doing well in the United States: Over 75% of the population lives in a state where access is permitted, and the legal market is expected to generate $33 billion this year.
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Bear markets and high interest rates often cause investors to turn away from anything resembling a risky investment. Yet, now is a good time to take another look at the cannabis sector in the U.S.
To understand where the cannabis market is going, we talked to four investors who have been quite active in backing cannabis-related startups in the country.
The U.S. is the world’s largest cannabis market, but as more European countries consider legalizing recreational use, investors are looking for opportunities in production, distribution and retail.