Industry Trend Analysis - Marijuana: New Industry, New Opportunities - JUNE 2017
BMI View: Momentum towards increased legalisation of marijuana is building in North America. California's legalisation ballot win (Proposition 64) was the strongest step forward to date and substantial industry development will follow. We highlight opportunities for companies in segments such as agribusiness (growers), consumer (food, drinks, retail and medical dispensaries), pharmaceuticals (painkillers, relaxants, personal care products) and technology (delivery apps, rating systems). Regulation will result in a fragmented ecosystem developing initially across these three sectors, with scope for consolidation in the longer term.
Editor ' s note: For more detail than provided in this article, please see BMI ' s special report ' Marijuana: Headwinds And Tailwinds Following Legalisation ' , March 3
Three Key Industry Implications: