With 200+ New Dispensaries And Four States Voting On Legalizing Cannabis, Could Market Expansion Squeeze Margins Further?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 04 2024
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Should l Buy ?
Source: Benzinga
Regulatory Changes and Market Impact: Federal decisions on cannabis rescheduling and the SAFE Banking Act could significantly influence multi-state operators (MSOs) and stock volatility, while states like Florida consider recreational legalization, potentially increasing revenue.
Pricing Pressures and Market Growth: Declining cannabis prices are compressing margins for non-vertically integrated operators, with significant retail price drops reported in states like Illinois and Arizona; meanwhile, dispensary expansion continues in competitive markets like Florida and Illinois.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
