Cannabiz 🚀
It truly is the Roaring Twenty-Twenties! There seems to be a gold rush in every industry as the world is flush with cash and the future is being written. From E-Sports and Gaming to crypto and NFTs; from music rights and startups to the rise of the mental health industry; from IPOs and SPACs to the imminent return of live events, it’s like nothing I’ve ever seen before. Even old-school trading cards are booming!
One area that is finally coming into its own is cannabis. This is an area that we believe in heavily. We are in more than a green rush right now. This business is becoming an industry norm in America.
17 states have now legalized the recreational use of cannabis. Federal legalization is feeling more and more likely. And it’s exciting to see New York join the ranks of the free (not like it hasn’t smelled like chronic on Broadway for years, lol). This is a momentous moment for cannabis culture.
New York is destined to be the consumption capital of the world. It’s dense and everything is always available. It’s also set up to be a HUGE experiential hub. In other “cannabis meccas” like Colorado or California, if you are consuming cannabis you’re most likely still getting behind the wheel (under the influence). That’s a non-issue in NYC. That’s why the hospitality industry is clamoring to get in on the boom.