Key things to watch for in the year ahead
Last year was a rough one for the cannabis industry — it started with high hopes pinned on the incoming administration of President Joe Biden and ended with gridlock and an extended decline in stock prices.
This week, Bloomberg Intelligence analyst Kenneth Shea talks about the key areas to watch in 2022. Shea published a research note last week on how progress is needed on the reform front if the industry’s fortunes are to shift.
Things change a lot in a year. Was it clear that investors were overly optimistic about legalization prospects under a new government? Looking forward, what can we learn from that experience?