Lessons learned after five years of legal weed: When it comes to the recreational marijuana market in Illinois, the green rush is more like a slog. Operators have some feedback to share.

Autor: Pletz, John (AUTHOR)
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Zdroj: Crain's Chicago Business. 12/2/2024, Vol. 47 Issue 47, p1-1. 1p.
Abstrakt: The article discusses the challenges faced by operators in the recreational marijuana market in Illinois after five years of legalization. Many entrepreneurs, like Scott Weiner, found that the industry is more difficult and less profitable than anticipated. Factors such as competition, inflation, and lack of capital have led to a decline in revenue and profitability for many operators. Lessons learned include the importance of vertical integration and the impact of policy-related challenges on the market. Despite the challenges, some operators, like Rick and Michelle Ringold of Galaxy Labs, have found success and profitability in the industry. [Extracted from the article]
Databáze: Regional Business News
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