2023 may create the harshest conditions yet for the cannabis industry. The economy was already expected to be a challenge to profitability and now turmoil in the banking sector may further distract Congress from passing meaningful marijuana banking legislation, continuing to limit access to credit.
Yet, as the market continues its inevitable march toward federal legalization, it is possible to maximize financing opportunities, manage risks and build and protect brands.
To that end, here are some of the key factors that will influence the cannabis industry in 2023 and related legal considerations.
Continue reading here: Key Influences on the Cannabis Market in 2023