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Slow-Paced Federal Legalization Could Be an Opportunity, Not a Setback for Cannabis Investors
While the lack of federal legalization has made some investors hesitant to add cannabis companies to their portfolios, Intrinsic Capital Partners sees that as one of the things that makes the cannabis investment space so attractive. It’s a hyper-growth market, projected to grow at a compound annual growth rate (CAGR) of 26.5% over the next decade. Still, because it’s not federally legal, most traditional sources of capital and strategics haven’t felt comfortable entering the space yet.
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