Cannabis assets are in some way, like a block of ice on a hot August sidewalk. They are melting in value, not from the sun but from the shortened timeline until interstate commerce takes effect. We don’t know the date, but we do know it is sooner than it was a couple years ago. When that day comes, as I opined in April, cultivation asset values will enter a free fall.
This column originally appeared in Cultivated, a cannabis industry newsletter. Subscribe here. You know the…
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