10 Largest Marijuana Companies
The legalization of recreational marijuana use has led to the creation of dozens of publicly traded companies seeking to carve out a space in what may be a potentially large growth industry. Now that the initial blush has worn off, however, these dozens of companies face the demands that all publicly traded companies have to confront: a sustainable business model led by a management team that has the experience and skill to execute to that model.
The other side of that legal coin is the continuing presence, even expansion, of illegally grown marijuana which has the effect of keeping prices down. Ironically, perhaps, the industry is going to need some help from law enforcement in order to help stabilize prices for marijuana.The single largest overhang for the industry remains federal law which still prohibits marijuana use and prevents the industry from developing the some of the most fundamental aspects of...
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