California Remains Essential Jurisdiction for Top Multi-State Cannabis and Hemp Operators
California continues to dominate as the largest legal cannabis market in the world. As new jurisdictions open up, with Illinois recently passing adult-use legislation and New Jersey and New York possibly in 2020, California remains an integral piece for a multitude of multi-state operators (MSOs) such as Jushi Holdings Inc. (NEO:JUSH.B) Cresco Labs Inc. (CSE:CL) (OTC:GGBXF), Curaleaf Holdings, Inc. (CSE:CURA) (OTC:CURLF), Green Thumb Industries Inc. (CSE:GTII) (OTC:GTBIF), and Acreage Holdings, Inc. (CSE:ACRG.U) (OTC:ACRGF). The latest player to zero in on California’s market leading customer base, is globally-focused multi-state cannabis and hemp operator, Jushi Holdings Inc. (NEO:JUSH.B) (“Jushi”)—which celebrated the 4th of July by announcing an agreement to acquire its first operational adult-use and medicinal dispensary in San Diego, one of four high profile retail locations in California. “The California market is a core part of our growth strategy with a very sizable addressable market that, to put in perspective, is larger than Canada,” ... Click here to view full article