Our CEO Featured in Baltimore Business Journal
We are proud to share that Further Insights' CEO, Andrew Schuster, recently penned an opinion piece featured in the Baltimore Business Journal, shedding light on the potential risks associated with the corporate takeover of Maryland's cannabis industry. With the growth from adult-use, Schuster highlights the challenges faced by locally owned and operated businesses in the face of multi-state operators and corporate giants entering the market. In the blog post, he discuss the implications for small businesses in the cannabis industry and the industry as a whole.
The July 1 transition to legal recreational use of cannabis is of course a positive for the industry, and the movement, but it poses risks to locally owned and operated businesses. Multi-state operators and corporate behemoths entering the market present a significant challenge. The corporate takeover of the market could lead to limited opportunities for small businesses, disruption of supply chains and a reduction in product diversity and quality. These, along with the economic impact of job losses and drain of local leaders, “brain drain” would cause significant economic losses.
To explore Andrew Schuster's complete opinion piece and gain a deeper understanding of the challenges faced by small businesses in Maryland's cannabis industry, we invite you to read the full article on the Baltimore Business Journal's website. Gain valuable insights into the potential consequences of the corporate takeover and the importance of supporting local businesses in this evolving landscape.
At Further Insights, we are committed to advocating for small businesses in the cannabis industry and providing strategic guidance to navigate these challenges. Get our Complete Guide for Cannabis Dispensary Marketing here!