LSBR Blog
Fostering diversity and inclusion in the corporate cannabis world through MBA skills Everyone is looking to invest in the cannabis market. It is currently among the most profitable businesses to invest in, and everyone wants a chunk of the market from small businesses to major corporations. This article gives a full breakdown into the highly profitable plant and gives an insight into the business model it employs and how to maximise market opportunities. It is quite certain that MBA students given the right training would most likely maximise the opportunities that are rampant in this market.
Cannabis goes corporate and swallows the competition When it came to legalising, decriminalising and relaxing legislation for cannabis, the US was late to the party. Due to this fact, US companies are hustling for a piece of the cake in this trending market. Canadian companies have dominated the space, and US companies have constantly been trying to form fascinating partnerships to have their share of the market. Currently, the largest cannabis distribution company is a Canadian company called Canopy Growth. They had $4 billion invested into their company by a New York-based beer supplier named constellation in 2018, to help scale the production of recreational marijuana in 30 more countries. Tilray, a Canada based cannabis company, was the first company to issue an IPO on NASDAQ, and they happen to be the second-largest company for the distribution of recreational marijuana. The third-largest company is yet another Canadian organisation called Aurora cannabis, but they haven’t been able to make deals with any corporations due to warnings from their US-based consultant Nelson Peltz against penning contracts with any US corporation. The cannabis industry is becoming more extensive and competitive than ever in history, but how can one make a profit from this boom?
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