2023 Cannabis Crystal Ball Predictions

"Just because they're early, doesn't mean they're wrong."

The past year has been a tumultuous time in the cannabis industry, with slowdowns in topline sales and uncertainty in the market.

Due to historically large increases in inflation, pricing has been a popular topic of conversation throughout the year. In the cannabis industry however, prices are moving in the opposite direction.

Prices in the US have been decreasing steadily, dropping -13% since November 2021. In Canada, the decrease in price has been less steady, but average item prices in November 2022 are 5% lower than in November 2021.

So what's going to happen in 2023?

Summary:
Intro: 00:00
2020 Crystal Ball Recap: 01:04
Cannabis Recap for 2021: 05:58
2022 Prediction Recap: 08:28
Thoughts on 2023: 12:12
2023 Crystal Ball Predictions: 13:52
Outro: 21:54

Guest:
Jesse Redmond, Author at Green Giants, &
Managing Partner at Higher Calling, LLC
https://www.linkedin.com/in/jesseredmond/

Host:
Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast.
https://www.linkedin.com/in/joshkincaid/

Episode XXX The #TalkingHedge...
https://youtu.be/cNXrRhEDDm8