Lawyer Alan Litwack Quoted in the Marijuana Business Daily Article “Cannabis Boom or Bust: How US Firms Could be Affected by Canada’s Adult-Use Market”
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Toronto Lawyer Alan Litwack was quoted in the Marijuana Business Daily article titled, “Cannabis Boom or Bust: How US Firms Could be Affected by Canada’s Adult-Use Market”.
The article discusses the upcoming launch of recreational cannabis use in Canada and the potential impact it could have on United States businesses.
“U.S. cannabis operators aren’t able to be listed on the major American exchanges, which limits the ability of U.S. businesses to finance acquisitions of other U.S. cannabis operations and allows for larger players in Canada who can scale both across Canada and internationally,” said Mr. Litwack. “With a few exceptions, including players with strong brands in the U.S., the U.S. cannabis industry operators are going to remain bit players in what is becoming a major worldwide industry.”
To read the full article, please click here.
The article discusses the upcoming launch of recreational cannabis use in Canada and the potential impact it could have on United States businesses.
“U.S. cannabis operators aren’t able to be listed on the major American exchanges, which limits the ability of U.S. businesses to finance acquisitions of other U.S. cannabis operations and allows for larger players in Canada who can scale both across Canada and internationally,” said Mr. Litwack. “With a few exceptions, including players with strong brands in the U.S., the U.S. cannabis industry operators are going to remain bit players in what is becoming a major worldwide industry.”
To read the full article, please click here.
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