Multi-state operators (MSOs) have come a long way from their early days, and this year potential M&A among MSOs is receiving more attention from a hungry investor base looking for exposure to the US market. The Investing News Network (INN) spoke with a collection of experts about what the M&A appetite maybe for the MSOs, and how this activity could affect the development of the US cannabis marketplace. The US is in a tricky position when it comes to cannabis policy. At the federal level, the drug remains illegal thanks to a Schedule I designation as part of the Controlled Substances Act. However, a number of states have moved forward with legalization programs despite that barrier, allowing the implementation of cannabis marketplaces as a way to generate reliable tax income.
Hemp Land, Cannabis Hemp Blog, 03/02/2021 08:56:00