Reading through headlines this month you can feel the change in the air with several companies posting double-digit percent increases in revenue and several large companies posting double-digit percent decreases in revenue. The CBD and minor cannabinoid markets experienced a relatively stable month, especially when compared to the overall global securities market. As with all other agricultural-based industries, operators should at least be aware of the global fertilizer market landscape, as current unrest in Europe will drive raw ingredient prices higher resulting in higher operating expenses downstream. The cannabis industry continues to be a battlefield on the west coast and a brand new market on the east coast. It will be exciting to observe how quickly the East Coast markets mature and if they make the same mistakes the West coast did when bringing markets online. We look forward to providing you with consistent reliable information to navigate both the established and emerging markets
Kellen Finney, Eighth Revolution
Editors’ Note: This is an excerpt from our Monthly Playbook. If you would like to read the full monthly playbook and join the thousands of others you can sign up below.
