CAN2317. The Bigger Picture: Cannabis Market Trends & Economic Forecast
Earlier this year, reports of the struggling cannabis market made headlines as supply increased while prices and profits fell. Now, as we inch closer to mid-year, how is the market trending? Join this session for a lively discussion on cannabis market trends and opportunities. During the presentation, panelists will share data and insights to help answer questions on the mind of every cannabis entrepreneur: * Is now the time to enter the cannabis market or sell existing holdings? * What does cannabis cultivation licensing and harvest data tell us about expected supply in the summer and fall of 2023? * How might new retail storefronts increase opportunities across different areas of the country? * Is flower on the decline while manufactured products take market share? * Will wholesale and retail prices continue to decline or might we see a rebound?
Learning Objectives:
- Analyze the economics that drive the cannabis industry and the unique characteristics associated with the industry
- Determine the maturity in various markets and the challenges that operators face