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Reality Doesn't Bite
Manage episode 421222188 series 3518505
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With Toby on holiday this week, Morgan and Jesse kick off this week's show by reviewing recent price action and contrasting it with reality. While falling share prices have eroded sentiment, there are positive developments.
Ohio is beginning to turn on adult-use stores next month, and we analyze key dates, estimate the potential size of the adult-use market, and dig into MSO exposure in the Buckeye State. With 43 MSO-owned stores that may expand up to 70 in the near term, this is an important market for public operators, especially those with Level One grows that can add three additional stores and still have the capacity to participate in the wholesale market.
The show ends with a brief analysis of the Farm Bill and changes that may impact the hemp-derived cannabinoid space and Morgan Ask's Grok about the worst M&A deal in history
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