The global cannabis industry is going through a period of consolidation that is shaping a new era for the industry. This will be one of the key topics discussed at the upcoming Benzinga Cannabis Capital Conference, to be held on April 11-12, 2023, at the historic Fontainebleau Hotel in Miami Beach.
The success of last year’s 4/20 business event paved the way for the conference’s return, with events taking place simultaneously on two stages. The conference aims to celebrate the individuals, entrepreneurs, and organizations doing amazing things in the cannabis industry.
As more countries move towards legalization, and market consolidation continues in established markets, investors are looking for insight into the global cannabis supply chain. Companies are seeking to expand their reach, leveraging strategic partnerships to become more efficient and improve their revenue margins.
One of the factors shaping the global cannabis supply chain is the regulatory environment. Quality standards, strategic regulations, labor costs, and climate conditions are some of the factors that will determine which countries attract investment from international cannabis companies. With federal legalization seeming closer in the U.S. and Germany, investors are watching to see how these markets develop.
As the industry grows more complex, strategic partnerships will become increasingly important. These partnerships allow companies to leverage their capacities and resources to become more efficient and expand their reach. The first movers’ advantage in global cannabis legalization will benefit companies that are strategically positioned. Finding the right partner can be the key to expanding a company’s global footprint.
Investors interested in gaining smart exposure to the cannabis industry should understand the market strategies of leading companies and look for opportunities to diversify and mitigate risk. The Benzinga Cannabis Capital Conference is the perfect opportunity to learn about the latest developments in the industry and identify the markets and opportunities that are most promising for the future. By staying up to date with the latest trends and insights, investors can position themselves for success in the global cannabis industry.