Cannabis operators tell Benzinga that there is much to be thankful for as the United States heads into Thanksgiving this year.
Dozens of sources cited a range of subjects they’re thankful for, including the eroding stigma against the plant, growing sectors and state marketplaces and improving tech. Some brought up subjects that included the industry’s growth, advancing legislation and their community.
Thankful For Industry Growth, Shrinking Stigmas
Matt Hawkins, managing partner of Entourage Effect Capital and Interim CEO of Harborside Inc (OTC: HBORF), said he is thankful to see the industry grow into a sophisticated, professional space that he’s happy to help scale.
U.S. sales are slated to reach $26 billion in 2021, according to Marijuana Business Daily.
“This is a consequential period of growth, especially considering how private investment firms like Entourage can access attractive deals before institutional investors -which is virtually unheard of in mainstream sectors,” said Hawkins.
With the COVID-19 pandemic ongoing, several noted that legislative and consumer growth is that much more impressive. They credit the public’s increased cannabis use as a critical component.
“As COVID continues to be a challenge, more and more people are finding cannabis to be a safe and effective option to treat all the anxiety and depression that has come with battling a pandemic,” said Green Chip Stocks founder Jeff Siegel.
Joe Caltabiano, CEO of Choice Consolidation Corp., is also thankful to see the stigma erode as plant access increases.
“Perhaps even better, we are seeing fewer people prosecuted for the use of cannabis, and we are making real progress toward setting right some …
Original Post: benzinga.com