Exploring the cannabis industry's transition from the early green rush to a phase of recessionary thinking, industry veteran Laura A. Bianchi of cannabis-focused law firm Bianchi & Brandt spotlights the end of unleashed growth and the resurgence of small and midsize businesses (SMBs) and offers insights into emerging markets and potential M&A targets for investors.
From Early Green Rush to Recessionary Thinking: ‘The Great Correction’
Discussing "The Great Correction," a term outlined in their recent report, Bianchi highlighted the aftermath of the green rush, where impulsive partnerships and oversupply led to a phase of recessionary thinking and market contraction.
“Large players, burdened with high-interest loans and oversupply challenges, are now navigating the complexities of recessionary thinking, reassessing strengths, Bianchi told Benzinga in an exclusive interview. “The scarcity of capital in the industry has prompted small and medium-sized operators to think strategically, focusing on core competencies.”