These Are The 4 Big Buzzwords in the Cannabis Industry Right Now

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Last month, Kevin O’Leary, of CNBC’s Shark Tank, opened his keynote speech at MJBizCon NEXT in New Orleans with an earnest assessment of the cannabis industry, “I’ve worked in all eleven sectors of the S&P, and I have never seen anything like this.” He was preaching to the choir. Thousands of cannabis industry leaders, many of whom would not have looked out of place at the tech conference sharing the convention center, had gathered in the Big Easy to compare notes, make deals, and continue to build one of the world’s fastest-growing industries. With consumer demand growing and wholesale prices of cannabis dropping, industry leaders discussed what is going to happen next on the frontlines of this rapidly-evolving industry as it hurtles towards $10 billion in sales. Here are the trends to watch. “Cannabis is a commodity,” O’Leary reminded the crowd. As this reality settles into the industry, having a strong brand will be the only way for companies to survive. These Are The 4 Big Buzzwords in the Cannabis Industry Right Now

thumbnail courtesy of entrepreneur.com

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