Weed Revolution: Reforming Markets To Watch in 2017

Activists used to have to chant “legalize it!” but now it’s almost hard to keep up with all the reforms happening nationwide. It’s no longer all about Denver, Seattle and San Francisco. Every major market in the U.S. will have their time to shine eventually, each learning from their predecessors. 

Learning how to adapt and sell cannabis in emerging markets is key for ambitious entrepreneurs. Keep your eyes on the prize by following these four hot markets over the next six to seven months: 

California

Industry eyes are on California while businesses are scrambling to decode a new book of regulations, which have been largely missing from the state’s laws since 1996. California is the unofficial cannabis capital of the world, with the largest number of consumers, cultural events, dispensaries and individual product brands.

Nevada

Unlike its neighbor to the west, Nevada’s recreational cannabis market is set to come online this summer, with dispensaries opening to the legal public in early July. We might be biased, but we think our home state has the most potential of all! With millions of fun loving, legal-aged tourists passing through Las Vegas each year, you can bet that many of them will be taking advantage of our world class cannabis by the end of this year.

Ohio

The state of Ohio dodged a bullet a few years ago by rejecting an adult-use legalization initiative that would have created a monopoly among a handful of cultivators. Now, they’re ready for a more inclusive approach with their medical marijuana program, the rules of which are still being written. Once the regulations are neatly tied up, this market is expected to become one of the largest in the midwest region.

Florida

One of the states that will likely shape future cannabis reform, both in the South and on the East Coast is the Florida market. Though still somewhat restrictive when compared to the big markets out west, it’s more inclusive than the “CBD-only” policies in Georgia, Tennessee and Texas. Florida’s dispensaries will not be permitted to retail products with a high THC dosage, but there will be identification cards issued in the next 9 months.

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Ready to make an impact in your local market? Or maybe you’re looking to expand. Having Social Media Unicorn on your team will supercharge the process. Give us a shout!