Because there is a dwindling number of states that haven’t legalized medical and/or recreational marijuana, it is easy to be fooled into believing opportunities to get a cannabis business license would likewise be shrinking.
Opportunities abound, however.
The question is, where?
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Often in mature markets such as California, Colorado, Michigan, Oregon and Washington state, many marijuana businesses that initially thrived are now struggling.
The owners of distressed businesses often put their licenses up for sale, presenting opportunities to entrepreneurs and investors aspiring to break into or expand in the marijuana industry.
While many cannabis businesses with potential can be had on the cheap, others might pose significant risk to their new owners.
How do you distinguish between a diamond in the rough and
Read full article on Marijuana Business Daily
