MJBizCon 2019: Cannabis industry recognizes year’s challenges as it looks forward to longer-term growth
An example of a big win in 2019 occurred when Illinois became the first state in the country to legalize recreational marijuana cultivation and sales through its Legislature.
But the news from New York and New Jersey was not as good, as those states did not move marijuana legalization forward.
California marijuana companies also struggled with a very challenging business and regulatory environment, and headlines around layoffs resulted.
The vape crisis also sent sales ripples across the industry, both in the U.S. and Canada.