US legal cannabis sales are predicted to exceed $28 billion in 2023, with promising regulatory developments such as the recommendation to "reschedule" cannabis by the HHS.
Canada's cannabis exports have surged to C$160 million, a 50% increase year-on-year, and with new international markets opening up, Canadian producers stand to benefit from export opportunities.
However, according to a recent report from Zuanic & Associates the Canadian LPs (licensed producers) now face a strategic dilemma: Should they focus on exporting to capitalize on the C$160 million opportunity or actively seek partnerships with U.S. companies to tap into the $28 billion U.S. market?
Cannabis industry analyst Pablo Zuanic, from Z&A, is set to take the stage as a featured speaker at the highly anticipated Benzinga Cannabis Capital Conference in Chicago, scheduled for September 27-28. Attendees can look forward to hearing about Zuanic's expertise in the dynamic cannabis market and its evolving landscape.