While there is still a long way to go before cannabis becomes totally mainstream, we may be seeing the end of the Wild West for marijuana businesses.
This overarching theme permeated predictions for the industry Wednesday as MJBizConNEXT opened at the Ernest N. Morial Convention Center in New Orleans.
MJBizConNEXT and the inaugural Hemp Industry Daily Conference, running concurrently, are produced by Marijuana Business Daily.
The industry is growing – MJBizDaily is predicting the U.S. industry could hit $30 billion by 2023 – but marijuana companies will have to begin thinking about it in more traditional business terms to get their piece of the pie.
“This is becoming a normalized industry – and normalized forces are coming into play,” Chris Walsh, president of MJBizDaily, said during