DOES WALL ST. UNDERESTIMATE CANNABIS?
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An analysis by Mitch Baruchowitz, managing partner at investment firm Merida Capital, argues Wall Street analysts drastically underestimate cannabis's total addressable market (TAM). He predicts the industry will have a $1T global economic impact by 2027.
Baruchowitz acknowledges this would be pretty remarkable for such a new industry, but here's his case:
"We can start by looking at the innumerable industrial applications of . . .
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