The United States is on a collision course with federal cannabis legalization with over 50% of states currently having some form of a legalized cannabis program. Major states such as Florida and New York are currently refining and rolling out programs for medicinal use, with recreational programs in their sights but without a timetable as to when those will commence.
Everything Is Bigger In Texas Right?
One state that will be a major win for the industry is Texas, the second largest state by size, population, and GDP. As such, Texas is an important piece of the puzzle for it brings federal legalization full circle. Texas’ population holds vast amounts of wealth from highly lucrative industries. We expect this capital to find its way into the industry once the foundation is set.