By 420 Intel on Friday, 08 July 2022
Category: Business News - 420 Intel

How would the marijuana industry handle a possible recession?

Even if the economy in general takes a dip, marijuana is just beginning to test the waters in many states.

A year ago, there were only whispers of a recession. Now it is starting to dominate conversations, and it has companies and citizens worried about the months to come.

A recession is not at all certain, but experts are saying the likelihood is higher than it was before.

“The probability of a recession over the next 12 months is now 30%, the highest since 2020,” according to Bloomberg. This number, they said, is double the odds that were predicted just three months ago.

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(Originally posted by Cannabis News)

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