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A 2024 Investor Guide To New York's Cannabis Market Expansion: The MSO Wealth Roadmap

Benzinga · Dec 15, 2023 09:15

CCHWF +0.00% GDNSF +18.83% GTBIF -1.20% ITHUF +0.00% MMNFF --

Considering the significant growth potential in New York's cannabis market and the strategic positioning of Multi-State Operators (MSOs) highlighted inZuanic & Associate's latest report, how might investors capitalize on these burgeoning opportunities?

New York State's Cannabis Market: An Overview

The state may open more than 1,000 recreational stores, considering the current 31 stores, 400 Conditional Adult-Use Retail Dispensary (CAURD) licensees and additional applications.

This expansion offers substantial opportunities for entities with the resources and capacity for wholesale trade.

Current medical incumbents, comprising 10 MSOs, can enter the recreational market by paying a total of $20 million.

Estimations in Zuanic's...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeline for any particular purpose of the above content.

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