Colorado opened the world’s first regulated recreational marijuana marketin 2014. That’s some five years ago.
A lot has changed since then, with regulations now extending to global markets and businesses opening up, on what seems to be almost a weekly basis.
According to Mark Bernberg of the Greenfund, “the global cannabis market is thought to be worth US$150 billion today. Barclays, in their European Consumer Staples Report in September 2018, suggests that this figure could increase to US$272 billion by 2028.
Clearly, cannabis is now a growing legal commodity and that means proper business practices need to be put in place.