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Questions & Answers

If Prop 64 passes will investors be more likely to invest in cannabis?

by HelloMD

3 years ago


Questions & Answers

If Prop 64 passes will investors be more likely to invest in cannabis?

by HelloMD

3 years ago


If Prop 64 passes will investors be more likely to invest in cannabis?


Answers


Answer - Owner - Greenly (cannabis delivery service) + CHAKRAS (vape product line)

Absolutely. Prop 64 is a step in the right direction in two ways related to investment opportunity. 1) In the past, California's cannabis legislation has been notoriously ambiguous which made it a highly unstable place to conduct business. Prop 64 provides a legislative foundation that will make California a much more hospitable place for cannabis business owners and investors alike. 2) Legalizing adult use will widen the cannabis market size tremendously which will present much more economic opportunity than the medical market alone.


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