Oh you thought?
Haha Bad-Man-Tinz. LOL we shan’t go there.
I’m sure, just like me, you must be sick [and tired] of this song… as you literally cannot go anywhere without hearing the dang song!
♬ I got my peaches out in Georgia, I get my weed from New York… ♬
Oh? That’s not how it goes? Welp!
Seriously, that’s how it should go considering New York recently became the 15th American state to legalize the recreational use of marijuana for adults, following closely behind the recent legalization in its neighboring state of New Jersey.
Errmm sorry for those 18-year-olds in New York that heard this and became overly excited. Unfortunately, although you may be old enough to drive, you aren’t quite old enough for recreational use of marijuana, but don’t worry, it’s just for another 3 years.
Okay, so to the meat of the matter…
The sales from this newly created market in New York is projected to reach $7 billion when the market is fully established, which might be as soon as 2022. Out of all the organizations that constitute the cannabis industry, MSOs are set to benefit the most from the New York legislation change.
Now, your next question may be “What are MSOs?” [I’d be kind enough to tell ya] MSO stands for “Multi-State Operator.” MSOs are cannabis companies that have operations in multiple states. You probably know that Cannabis is illegal on a Federal level in the United States, hence, it makes it impossible for cannabis companies to operate as multinational corporations and that’s why they run as MSOs.
Several MSOs are going to be positively affected by the New York legislation, however, we shall only highlight three that are likely to benefit the most.
…Wanna read more? Head over to the Trove Blog ASAP.
Y’all don’t worry, I got my juicy juice coming for you this weekend in the famous weekly newsletters but for now, I wouldn’t head out without:
This isn’t goodbye but!
Cheers to the weekend 🙂
XOXO
